Exactly.....lets rationalise this...
At .84 cents.....with 479M shares....market cap is $402M....
At 41 cents ....with 479M shares market cap is $197M.....giving an enterprise value of $297M ( adding in the $100m of debt....).....JUST THEIR NIXON BRAND"S HALF SHARE is worth $300m from the transaction they got back in Feb this year...
what B.S Credit Suisse promoting......to me it looks like sour grapes on their part that this transaction didnt' go through and they as a result didnt' get the M&A fees from it that they would have from advising TPG......
also tells you a bit of the "advice" TPG got when doing their due diligence huh?!?!
news report and broker info, page-7
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