YBR 0.00% 8.9¢ yellow brick road holdings limited

Ann: MVT: Bidders Statement - Off-market bid for YBR, page-16

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  1. 314 Posts.
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    Back of envelope calculation
    Assume bidder acquired their 20% @ 14c average
    Bid for 80% @ 9c
    Bidder owns 100% at 10c which is a steal with tax losses and tentative signs of turn-around BUT the board needs to be renewed.
    I feel the value is around double the current offer price.I already have a maximum position in my risk adjusted terms so cannot add more unfortunately
 
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