Crystal Amber Takeover Rumours (CRS)

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Crystal Amber Takeover Price

Crystal Amber Takeover Forum Posts

28-07-2022
With the signs of recovery in Hurricane and De La Rue and the continued rerate of Equals (albeit more sold on the rise) would be surprised if the 10p dividend (ex 14th July) wasn’t made back up already. Hopefully Nav still close to 150p therefore current share price still at 28% discount to assets. Hurricane the most important asset now but with debt now repaid and cash in the bank this is substantially de-risked. I would imagine CA are keen to monetise the situation using their strategic stake , along with Kerogen they could put Hurricane on a plate to the right buyer.The Hurricane holding currently worth about £49m or 59p per share.If they can secure a premium exit on takeover at around 12p would be worth over 80p per share alone.Lets see how this plays out, if they managed to monetise the holding and make scheduled payment..would leave the balance of holdings at a huge discount to NAV.
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