RE: Valuation2 Nov 2022 19:10
“Hurricane has one asset, which is a cash cow but has a limited life,” said Crystal Amber founder and investment adviser Richard Bernstein, highlighting the forecast end-of-year cash pile of $118mn (£103mn) and $370mn in tax losses available to a buyer. “There’s no growth for this company now,” he added.
id accept the 7p offer - there is no growth or prospects here now - doomed otherwise