AFR said Genex will agree to non-exclusive access to Skip on the basis that there is another potential purchaser.
Dataroom section of The Australian's Business Review section appears to be saying that several have looked and walked away on the grounds that they can't see how it is worth 23c.
Hard to interpret the Australian's article because of the lack of factual analysis; as far as I understand it, from CY25 we are looking at around $90m/year income ($55m of which is inflation indexed annually) to service a debt of around $900m with (effectively) fixed interest rate of about 2.8% (i.e., $27m/year in interest payments)
- Forums
- ASX - By Stock
- GNX
- takeover Skip
takeover Skip, page-198
-
- There are more pages in this discussion • 314 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 GNX (ASX) to my watchlist
|
|||||
Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $380.9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
GNX (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online