i would only accept a sale at 20%+ above the book value, the business is now recapitalised and there is no need for a fire sale
a good price for the business though should put the SP on fire as the company is now seriously undervalued
we need good management now and some patience to turn this business around
sentiment with the stock is very low i guess which COULD be a good contrarian buy
got about 1m shares with oppies on its way and happy to see what happens
the company has work, is recapitalised and there is a potential sale to unlock and monetise a big portion of the company's value, i see it as a buy
- Forums
- ASX - By Stock
- cape crushing pty ltd - asset sale
i would only accept a sale at 20%+ above the book value, the...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add VMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.927M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
VMG (ASX) Chart |
Day chart unavailable