From top: A screengrab from a Sunday Independent story in relation to Digicel’s pending stock market flotation in New York and screengrabs from the company’s latest filings to the US Securities and Exchange Commission ahead of its public offering
Namawinelake tweetz:
‘DOB’s [Denis O’Brien’s 30%-owned INM papers say Digicel could be worth $13billion; it made a loss of $158million last year & is balance sheet insolvent to tune of $2.9billion…How could company that’s $3billion balance sheet insolvent be worth $13billion? Are its future prospects that good?’
Anyone?
Read file in full here
O’Brien’s Digicel float will be the biggest Irish IPO ever (Sunday Independent)