CIY 0.00% 3.6¢ city pacific limited

break up value...

  1. 43 Posts.
    What do you think the break-up value can be? The NTA is around 1.32 or so, but you can probably discount that due to firesale etc, zero goodwill etc.

    Would we get 70cents or above? Surely there's some value left?

    It's pretty hard to stomach all this...the CBA appears to have put their boot on CIY's throat, which is a shame considering there is a stack of cash coming back in this year...sounds like CIY fairly upset them...and have brought this on themselves...
 
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