Carry value27 Dec 2013 13:04
At 30 June 2013 the Group had a carry value of 163p per share, including Eclectic valued at 91p a share - equivalent to the £7.3m loan. Avanti received £9.4m for its stake, so about 112p a share, of which we get 105p in January. So, residual value roughly 79p; about 50% upside. Am I obliged to type DYOR, GLA, etc.?!