SRX sierra rutile holdings limited

I was thinking after the interest from Constance Capital and the...

  1. 252 Posts.
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    I was thinking after the interest from Constance Capital and the AFR article that it makes sense for a PE bid.

    Board is still in flux.

    P/E ratio is trading at half multiple to the medical device peers.

    Lots of upside is still on the table due to dysfunction from the board and not executing.

    At least 3-5x sales potential if run right according to my numbers.

    What does everyone else think about a PE buyout? Last bid was at $4.65 by a US group

    I am not sure if I would sell to PE at the moment as I think it should be at least $30
 
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