This reflects the value that has been destroyed.
It would be trading on a 3.6x interest cover at this mark and have assumed no divs from Stella.
The financial business is valued at 75-90 cents per share and the remaining shareholding in Stella at 45 cents per share.
This valuation is based on info provided so far.
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- patersons values mfs at 1.20 to 1.35
MFS
mfs limited
patersons values mfs at 1.20 to 1.35
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