"Sigma has on-balance-sheet debt of about $450 million and therefore the capacity to either fund sensible expansion of the healthcare business or, as Jamieson suggested today, return some capital to its shareholders."
If the Chairman suggests it, it will happen! Now, anyone got any guesses as to if the capital return will take us up to the 55c offer that Aspen made? Certainly, the SP will rise on the possibility of a capital return. It could be a clean exit opportunity.
SIP Price at posting:
47.0¢ Sentiment: None Disclosure: Held
