This space is reserved for shanklin100 to introduce himself.
Thank you ee 10-15 years of 40-50p per annum with plenty of upside potential should protect the downside here. Martin
ee What's the minimum number of years SIA could reasonably be expected to be able to afford to pay 40-50p per share in the absence of some fundamental corporate action such as being bought out? TIA. Martin
Yes, but if you have 50k HGV shares or less, you have the option of being paid 82p/share on your entire shareholding.
Paul, in terms of your analysis of HGV I think a better comparison would be with Lee Foods which de-listed at a small premium to the SP of that time and has apparently thrived since de-listing. Essentially, it appears that management and some of the major shareholders are seeking to gain the vast majority of the upside in HGV whilst squeezing out the small shareholders.
Ed, OK, I'll rephrase that. In the context of the size of company Paul normally write about in his morning reports, BLNX is not a small cap. That surely is the relevant issue here.