SEV is essentially a cash box. At the moment, cash boxes are...

SEV is essentially a cash box. At the moment, cash boxes are trading at a significant discount ie. AEP.

It depends on whether the market feels confident that Stokey can put the 1.3b cash to good use. His punt on the stock market with some of the money spooked the market. However, I think he has learnt his lesson. SEV would be trading much higher if not for that stupid move. Hopefully, they will be more transparent with the use of the money.

The other alternative is to return the money to shareholders via a capital reduction.

One thing is for sure, if you want low risk, this is the company to invest in. Stokey has alot of skin in it and he is no fool.