Been quite in the world of Metro Glass and share price is getting close to 13 cent something again ……where it was before they told those dudes to bugger off with their 18 cent takeover offer.
And no doubt Australia sale progressing well.
Suppose no news from Metro is good news …….we’d probably been told if the banks had called the receivers in
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Interesting idea. I think private equity listed them 10 years ago for something like $1.75. If they now buy back for less than 10% of that ... to slice it and sell the bits ?
I am sure there are some good pieces they could cut out (like the Australian bit), some of the factories might be interesting for the competition and both the logistical network as well as the customer database might be of value to them as well?
Private Equity adding value ?;
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Originally Posted by Balance
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