EP1 0.00% 48.5¢ e&p financial group limited

There is no value here at any number. This is not a turnaround...

  1. 370 Posts.
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    There is no value here at any number. This is not a turnaround or an asset play.

    Alan Dixon just bailed.

    URF will need to be restructured. Equity holders will be wiped out. Preference holders will take a huge haircut.

    Evans Dixon fee generation machine will end, along with any reputation they had left.

    I feel sorry for all the retirees who's lifes earnings were passed through to Evans Dixon in the form of fees....
 
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