Ann: Investor Presentation, page-3

Wonder what their target price for their capital raise is?? Obviously doing a fair bit of promoting at the moment to get it to a level they are happy to get a capital raise away at

From mergermarket...

Dicker Data [ASX: DDR], an Australian IT products distributor, is mulling an AUD 30m (USD 28m) capital raise within 12 months, said Lou Richard, managing director of Newport Capital, Dicker Data’s corporate advisor.
The company, which has a market capitalization of about AUD 215m, plans to issue new shares to the market with its co-founders David Dicker and Fiona Brown diluting their shareholdings, he noted. David Dicker holds 50% and Fiona Brown holds 44%. The timing of the capital raise will depend on the share price and Dicker Data has a target price in mind, Richard said, but declined to elaborate.
Funds raised will be used to pay down debt and reduce Dicker Data’s balance sheet leverage, Richard said. From Westpac, the company has AUD 7.5m of property debt and a floating AUD 90m-AUD 130m receivables securitization for working capital which was used to finance its April 2014 AUD 65.5m acquisition of Express Data. Dicker Data also has a facility from Macquarie Bank, which floats at up to AUD 20m, and is used to finance inventory, Richard said.
Separately, Dicker Data is also mulling a dual listing on an Asian exchange, possibly Shanghai, Beijing or Hong Kong, within 12 months, Richard said, noting that Newport is seeking a broker for the listing and has had some discussions. There has been strong interest, particularly from Chinese high-net-worth investors, in Australian technology stocks, he continued.
In addition, the company is considering listing Dicker Data bonds. The bond market in Australia is quite restricted and bonds can be listed at attractive rates and terms compared to state bank debt, Richard said. They could be listed on the ASX or an offshore exchange, he added.
Meanwhile, Dicker Data continues to review acquisitions of IT products distributors in offshore markets including the UK and New Zealand.
Dicker Data is interested in companies with revenues of AUD 100m or more who represent major brand vendors, Richard said, noting that Dicker Data distributes for global hardware vendors like Cisco [NASDAQ:CSCO], Hewlett-Packard [NYSE:HPQ], Lenovo [HKSE:LNVGY], and Microsoft [NASDAQ:MSFT]. It is focused on earnings per share (EPS) accretive acquisitions, he added.
In its latest guidance Dicker Data projects revenues of around AUD 1.02bn and profit before tax of around AUD 30m. It is a Tier 1 Australian and New Zealand technology products distributor, along with companies like Ingram Micro [NYSE:IM] and Synnex [NYSE:SNX], Richard said.
　by Louise Weihart in Sydney