Ahh you forget. Last year mid June (or thereabouts) they revise value of #2 holding up. Its value was around $11m or so. 2 weeks later they came out and wrote it down to zero.
This is one they were Chairman of. They had 7 or so investments at the time, some piddly little amounts. If they don't actually do anything else there (with respect, what do the 5 analysts and people at BTI actually do?) and are this close to the company- then I think the market discounts their valuations and their problem came along well before Big and GetSwift. How many years now and not a single exit, but a monumental blow up
So definitely below NTA but not sure if undervalued. Refer to previous question. What are they going to do about this? I see this going into 70s before it hits 90s, unless they bite the bullet and sell some of Siteminder to prove they can find a winner
Ahh you forget. Last year mid June (or thereabouts) they revise...
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Last
$1.28 |
Change
0.000(0.00%) |
Mkt cap ! $176.3M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 14904 | 3 |
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| Last trade - 09.59am 19/11/2024 (20 minute delay) ? |
| BTI (ASX) Chart |
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