Pretty simple to realise alot of value from here
1. Sell Investment portoflio
2. Payout surplus cash with franking - say 90c per share with 38.6c franking
3. IPD trading at 16.5 times EBIT. Take a scrip deal for say 7 times EBIT. $15.2m x7 = $106.4m or $3.67 per share
Result (ignoring the removal of various duplicate costs)
1. IPD get a very accretive acquisition
2. ECL shareholders get $4.96 value
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- Ann: Earnings Results Update FY23
Ann: Earnings Results Update FY23, page-9
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$3.12 |
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Mkt cap ! $90.46M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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2 | 5629 | $3.13 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.48 | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1100 | 3.120 |
1 | 321 | 3.110 |
1 | 6451 | 3.100 |
1 | 500 | 3.000 |
Price($) | Vol. | No. |
---|---|---|
3.480 | 3000 | 1 |
3.500 | 5000 | 1 |
3.950 | 20000 | 1 |
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