MUE
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0.00% 7.1¢ multiplex european property fund

MUE yesterday announced close out of its interest rate swap...

  1. whitepointer
    1,181 Posts.
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    08/09/11
    07:46
    Post #: 8931096
    MUE yesterday announced close out of its interest rate swap position for a return of $35m which with their pre existing cash will give a cash balance of $75m.
    At yesterdays closing price of 18c MUE's market cap was $44m.
    Also of note is the likelyhood of a special dividend - last June after a close out of a portion of their interest rate swap that netted $5.4m they paid out a special dividend of 2cps.
    MUE Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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