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As a follow-up to my last post, Dick Smith has been sold to...

  1. asf
    9,888 Posts.
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    26/09/12
    23:08
    Post #: 10776697
    As a follow-up to my last post, Dick Smith has been sold to private equity for $5m:

    http://blogs.wsj.com/dealjournalaustralia/2012/09/26/woolworths-sells-dick-smith-to-anchorage-for-5-million/

    They'll probably make a lot of money there- Dick Smith has NTA of $290m!
    TSM Price at posting: 18.0¢ Sentiment: None Disclosure: Not Held
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