SRF 0.00% 6.8¢ surfstitch group limited

Takeover on the cards - Article, page-70

  1. 1,724 Posts.
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    Yeah hard to tell until we get an updated list. I am interested in how the AGM goes, with cost cutting and the restructure, Sonard might be able to turn things around quickly.

    I wonder how they have gone clearing inventory, lots of surfstitch clearances have shown up on ozbargin.

    I also wonder how the European market has been doing and how the Brexit and low Pound have affected things there as it is where they have been seeing the most growth.

    And i also wonder if following the AGM we might see Sonard buy some stock on market (seems a likely scenario). Its probably worth it as a punt from a financial perspective for him and it obviously also wins over shareholders by demonstrating commitment.
 
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