Post by
SteveDean on Oct 28, 2021 9:23am
Huge news from POE
This morning's PR ticked every box for me.
They are clearly already in significant discussions with buyers for both Sawn Lake and Thailand considering they expect the transactions to close by mid-'22.
They are going to return the proceeds to shareholders.
They are confident enough that they are already returning most of the Company's cash to shareholders now.
To me, this is fantastic news and I expect the value to shareholders to be very strong.
Steve
Comment by
bfw on Oct 28, 2021 11:27am
Yeah, I think the company can squeeze $2 per share out of everything....40 cent ROC and then another $1.60 when sales completed. bfw