Appears SAS has a 2800 to 1 SH consolidation reverse strategy to what typically is promoted by the delisting management decision, increasing Company profits, but on this case SH profits omitted, (consumed) please see below the better way.
Investopia quote below:
" As a result, deregistering can save a company millions and reward shareholders with a higher net income and earnings per share (EPS). Strategic Move - Company shares may be trading below intrinsic value, compelling the company to acquire its own shares as a strategic move."
- Forums
- ASX - By Stock
- Sale of suspended shares
Appears SAS has a 2800 to 1 SH consolidation reverse strategy to...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SAS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online