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Old 17 May 2017, 01:12 (Ref:3733972)   #64
GTRMagic
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Originally Posted by Axeman444 View Post
So no mention here yet that Archer bought their stake for $180m, yet are selling for $100m (or $70-80m being the "more realistic valuation" as noted by Mr J Phelps).

Am I missing something here? Even DRT hasn't mentioned selling at half the cost of what they paid. Or have they recouped the delta through the TV rights?
It is very clear Here that Supercar is part of a portfolio of assets inside a particular Archer investment growth fund, that are offsetting any losses that may be incurred on this sale, presuming it goes ahead.
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