Acquisition cost expected to be $20m. TechSafe expects to generate EBITDA of approx. $3.0m in FY17.
Transaction is subject to an Independent Expert Report and Shareholder approval. KPMG to verify the transaction is fair and reasonable.
Proposed transaction has a compelling strategic rationale with opportunities to expand TechSafe services across additional geographies and other utilities. Techsafe has 95+ field based Inspectors completing 100,000+ inspections & audits p.a for Regulators, Utilities, Government entities, tradespeople and the public.
This looks like a good investment in growth. What is not to like?
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Last
$1.92 |
Change
0.005(0.26%) |
Mkt cap ! $1.182B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.93 | $1.90 | $354.0K | 185.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 6553 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 4084 | 9 |
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| Last trade - 11.02am 28/07/2025 (20 minute delay) ? |
| SSM (ASX) Chart |