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mdimport

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mdimport

Re: naturalborninvestor post# 10280

Tuesday, 09/16/2014 1:34:33 PM

Tuesday, September 16, 2014 1:34:33 PM

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Good decision by management to sell Nyheter365 IMO.

"...Nyheter365 had a profit of 213 KSEK in 2013.

How shareholder value was created by the sale?
The price represents the equivalent of 6-8 years profit in Nyheter365 given continued 3Kronor majority ownership. Through the sale, 3Kronor can now finance other investments for the future in 3Kronor and focus on its core objectives becoming the most important business partner of our clients. ..."

The paradox of iHub: buy high, sell low

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