Ronstieb
Cash eqiuv (which includes trade receivables - payables) was 74 million as at the end of June. I would assume they should have about 80 million now.
The IPM holding (5)% which was bought at around 1.15 is about 1.5 million under water but the rest are share accpetances.
Dont know how much they will pay for the takeover stuff but I think we could also miinus about 1 million so far so around 78-80 million would be about right. Well above the 26.5 cents share price
current cash equivalents, page-2
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