Forum Topics SEQ SEQ Morrisons

Pinned straw:

Added 2 years ago

New Quantum reveals Nasdaq listing plans | Financial Standard


Should assist the propensity to pay the final tranche in the acquisition, and perhaps improve capital backing for the remaining 20% stake in Morrisons


PortfolioPlus
Added 2 years ago

Not only does it significantly strengthen the chances of the deal concluding but also, it may allow SEQ to revalue its remaining 20% if the merged entity can do to build significant extra value in Morrisons.

Maybe also the Nasdaq entity might wish to clean up the remaining 20% which will be very costly. Perhaps achieved by a takeover offer for the entirety of SEQ.

Wonderful value at current SP.

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