I would think we're on a winner with this one, assuming accc agree to the negotiated option to with-draw the 'Smart-fibre' business!
To get $9mil back out of the deal suits me in the sums i've checked - but happy to be corrected!
My recollection is that the fibre business gave fea some $500k nett profit for the year, for their share (50%).
However accc have the concern of the smaller operator selling their waste timber, at heart, not the over-all profitabilty of the venture i guess.
So would think that gunns are the winner, and can now progress to fine tune the whole increased enterprise.
Looking forward to the final sign-off :)
(and the divi's next year!)
Cheers :)
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Last
$7.59 |
Change
0.090(1.20%) |
Mkt cap ! $1.436B | |||
| Open | High | Low | Value | Volume |
| $7.70 | $7.74 | $7.56 | $6.296M | 826.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3694 | $7.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.60 | 1332 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ELD (ASX) Chart |
