MGX 1.59% 32.0¢ mount gibson iron limited

Take over Dick Smith at very cheap price., page-7

  1. 1,423 Posts.
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    IMO,if MGX buy Dick Smith at $55m(=maybe less than stock value,debts to suppliers $200m- bank debts $145m) as going concern and sell the stores to franchisees at $1m including stocks (maybe around $0.5m) per store can make good profits.
    IMO,it is worth to try.
 
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