AIO asciano limited
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well bankruptcy does not seem to be imminent. The worst case...

  1. michinyon
    6,716 Posts.
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    12/11/08
    10:52
    Post #: 4489901
    well bankruptcy does not seem to be imminent. The worst case scenarios would be either the management is "forced" into a dilutive capital raising, or shareholders are "forced" to accept a lowball takeover offer.

    Neither of those two scenarios would seem to imply a value lower than 60c.
    AIO Price at posting: 51.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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