Be prepared for further SP falls...30 Apr 2014 18:26
After this 4.5p is paid there is, in theory, about a further 7p per share that might be available for return to shareholders. In their last report, SPARK said that about 75% of this value was in the IMI holding, with the other 25% coming from Mind Candy and others. I can only imagine that once the final payment is made to shareholders (about March 2015), the SP will be go to zero. So, have each of us made sufficient money from the returns of cash that we can just write off worthless shares, or, will there still be value in them but we have to wait to see what SPARK can engineer? I'm not sure what the options might be but, as it appears that none of the big shareholders are bailing out, there might be options that us mere mortals are not privy to.
Are there any sophisticated investors that can shed any light?