if they offload MFS financial with all obligations to CIY for $1
Then we're left with 35% of Stella.
Based on the profit numbers I think a valuation of $300-$400m in this market and perhaps $500-$600 in 12 months once the market recovers.
ie 70-90c..........and $1.15-$1.40
However i'd expect the price to range between 20c and 70c on the first few days.... that is if it ever comes back.....
If it does come back on and goes as low as 20c... its probably a buy
MFS
mfs limited
