AMU 0.00% 21.0¢ amadeus energy limited

suspension, page-18

  1. 880 Posts.
    The more l think about it and in light of feedback from Bitzer, a partial asset sale may not be such a bad thing.

    That is provided that the remaining assets are cash flow positive and that the debt is reduced. Who knows, they may even buy back a swag of shares.

    A complete sale exposes the CGT liability as the company has 34M in retained earnings. Not sure of the tax liability in the USA.

    Would love to hear from anyone who agrees/disagrees because l'm getting tired of talking to myself :-)
 
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