YOW 0.00% 2.5¢ yowie group ltd

yowie/qantas....., page-26

  1. 10,813 Posts.
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    Yes to say YOW is cash backed is underestimating all the hidden liabilities and cost of shutting down the current operations.

    If I was a vulture what I would want to do is get control of the board, offload the current business as quickly as possible, vend in some overpriced asset I own, then sell out for a profit. This approach does not require that the YOW is cashed back, because you can make it up on vending and offloading side.

    I just can't see a good way out of the mess that YOW is in.
 
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