Ophir Asset buys 5% ASZ

  1. 1,232 Posts.
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    Weekend Australian page 31
    "an example of a highly successful Aust Asset manager,which has returned 171.8%since inception in August 2012......manager Mitchell, focused outside the ASZ150..."we use enterprise value to cash-flow multiples as our principal method of valuing industrial companies......this specifically rewards companies with with good balance sheets......"

    So guess they see ASZ being a lot higher in the years ahead..
 
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