Rubbish!! Net Assets as at 31/12/22 were $53.9m The debt is already included, I take it that it includes NTA's and maybe they overpaid for AHG and some of their other holdings aren't worth book value but Better Beer is valued in the books at $250,000 which is their initial investment. So MC should be well above the current $28m. So please stop spreading misinformation. Having said that, yes I agree 100% this is currently a basket case from a management point of view as there appears no light at the end of the tunnel unless the strategic review throws out some hope. The market has obviously lost all faith in where we are heading despite the fact that the numbers are not as bad as reflected in SP. Lets hope Chris Malcolm, Trevor O'Hoy and co. can pull a rabbit out the hat.
- Forums
- ASX - By Stock
- MCL
- General Chat
General Chat, page-55
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)