5G Networks Limited (5GN) - Sunday, Jan 14, 2024

168 Views16 Apr 2024 07:58
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SUMMARY
  • 5GN sold hosting business and 2/3 of domains business, resulting in over $100 million net gain
  • Company left with $84 million in cash after full debt repayment and transaction costs
  • Expected to generate $5 million in net income post-sale, plans to use cash for acquisitions, share buyback, and dividend, stock expected to rerate positively if targets met.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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