CEO, Alison Deans said that, while the main driver of the result was the sale of eBay, the result also reflected improved operating performances in most of the ecorp businesses, including a strong performance by Ticketek due to an unusually high level of ticketing inventory
These business must be valued by managers at their market value and not the ECP internal valuation as the board have obviously been hindered by the Majority shareholder to " keep the outlook bleak" for the TAKEOVER.
Also, in its statement ecp refers to itself as " Internet investment company" - well Kezza - we stumped up the cash for you to invest it - nice of you to bail us out when its just hitting profit.
I think i will reject your kind offer at 0.55c and stick it out - I bought for the long term - not to line your pockets.
SINGAS
Ps: What do other ecp holders think on the bid and will the share price now be re-evaluated ?
