FND 1.66% $4.15 findi limited

Ann: Results Announcement - Strong 1H24 Operating Result, page-19

  1. 23,000 Posts.
    lightbulb Created with Sketch. 827
    So there is a few valuations now suggesting around $200m mc. So fully diluted about 3.5 times current sp. That's without any further deals with the approx $50m after Piramal and options exercise. Looking like we need a catalyst to get things running. So my question is do you think white label licence will pick the SP up a few dollars or do we need a) more time and definitive ipo listing date b) an acquisition putting the funds to good use? For mine I think between $2 and $3 after white label licence. Then it all depends on what the acquisition is like. Could easily be another buck or 2. So I will go out on a limb and punt on $5 sp before end of FND financial year. Thoughts?
 
watchlist Created with Sketch. Add FND (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.