SRF 0.00% 0.0¢ surfstitch group limited

No $50m wouldn't do it. But that's what they have from GBST....

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  1. 34 Posts.
    No $50m wouldn't do it. But that's what they have from GBST. Might have a lot more. They can also borrow. If they can get rid of the board they can also get control with less than 20% so they won't need 100%. So another $5m if they can nuke the board - although there has been no suggestion of that and Sonand is as good as you can get so that won't happen. SHI won't be worth what they paid for it. Idiot ran around spending far too much on acquisitions before he ran away like a little girl, be nice to see $15m cash so fingers crossed. The content sites probably have good value the large ooh companies like APN and OML have paid similar amounts for web content companies recently. The online sales are very big so they need to get that working. If Sonand wasn't in there I would be worried, but he is.
 
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