Good points. Investor appetite for IWL scrip should be OK. Pros of accepting IWL scrip:
- investors retain exposure to online broknig
- IWL good management and track record
- massive synergies for these types of deals so if they get it right - EPS growth will be suberb
- ETR under-managed so IWL can pay up (ETR investors should get a good price).
Cons:
- high integration risk (IT). ETR IT seems a mess (maybe being simplistic here) - perhaps the right mangement can fix it.
Whatever happens, I suspect ANZ will succeed with a cash offer. Seems a reasonable punt $4.25ish, will take some time to play out.
- Forums
- ASX - By Stock
- ETR
- iwl buys stake
iwl buys stake, page-7
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ETR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.88M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
ETR (ASX) Chart |
Day chart unavailable