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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Last
$3.10 |
Change
0.000(0.00%) |
Mkt cap ! $89.88M |
Open | High | Low | Value | Volume |
$3.10 | $3.10 | $3.10 | $1.473K | 475 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 57 | $3.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.50 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 57 | 3.100 |
1 | 1639 | 3.050 |
1 | 7000 | 3.020 |
1 | 6645 | 3.010 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
3.500 | 5000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 10.02am 27/06/2024 (20 minute delay) ? |
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