EPW sold US residential business for $11m.
Bought the entire business for $7.8m three years ago. Has now sectioned off the commercial and industrial client base and made money on the entire purchase by shedding the residential component.
SP at the time of purchase was $2 and jumped to $2.24 a month after this purchase was first made.
This has all the hallmarks of the start of a very good SP run over the next six months. IMO DYOR.
EPW sold US residential business for $11m. Bought the entire...
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