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03-12-2017, 07:50 AM
#1031
Receiving $21mil when ALF's current market capitalisation is $14 mil would be interesting.!
The trial is due to commence in February 2018,which is not far away.
Should there be an out of court settlement, we may know in February exactly amount ALF will receive.
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03-12-2017, 12:53 PM
#1032
 Originally Posted by percy
Receiving $21mil when ALF's current market capitalisation is $14 mil would be interesting.!
The trial is due to commence in February 2018,which is not far away.
Should there be an out of court settlement, we may know in February exactly amount ALF will receive.
Yes indeed Percy. 
Also of interest is the impact on the share price of a $12 million or $21 million one-off injection into a company whose reported equity is currently $2 million.
While on the subject, I believe ALF's real equity is over $10 million due to the off-balance-sheet items that are omitted in compliance with IFRS rules.
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03-12-2017, 04:12 PM
#1033
Originally Posted by Vaygor1
Yes indeed Percy.
Also of interest is the impact on the share price of a $12 million or $21 million one-off injection into a company whose reported equity is currently $2 million.
While on the subject, I believe ALF's real equity is over $10 million due to the off-balance-sheet items that are omitted in compliance with IFRS rules.
Agree with your real equity figure of over $10 mil.
So with either $12 mil or $21 mil settlement we end up with between $22 and $31 mil.That equals a lot of fun to me..!
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13-12-2017, 08:28 AM
#1034
Crossed over 10c again. Looking good.
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13-12-2017, 02:38 PM
#1035
Member
Originally Posted by golden city
Crossed over 10c again. Looking good.
+ Another 6 % so far today
Maybe the lawyers want to settle this stuff before they take their six weeks breaks?
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13-12-2017, 02:47 PM
#1036
We might have a windfall for christmas
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05-01-2018, 08:54 PM
#1037
Member
Originally Posted by golden city
We might have a windfall for christmas
Hey what’s going on?
Price up to five plus high on reasonable turnover
Will the court case proceed next month?
This is a firecracker
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06-01-2018, 06:11 PM
#1038
Waiting for early settlement
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09-01-2018, 03:18 PM
#1039
Member
[QUOTE=golden city;698941]Waiting for early settlement[/QUOTE
News out it’s settled but months before details known
That’s a bit rich
If it’s settled what more would have to be done only to keep the clock ticking?
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09-01-2018, 04:24 PM
#1040
Originally Posted by Lola
News out it’s settled but months before details known...That’s a bit rich
If it’s settled what more would have to be done only to keep the clock ticking?
Fact or Fiction? Surely any 'settlement' would need to be announced via NZX?
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