ITD 0.00% 14.5¢ itl health group limited

Ann: Sale of Custom Pack Business for $14.4m, page-15

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 306 Posts.
    lightbulb Created with Sketch. 1
    I am trying to get my head around the likely impact, i see EPS being about 30% less post the sale, all things being much the same, in reality there is probably some organic growth that will lessen that impact.

    Being higher margin business that is retained maybe the FCF wont suffer as bigger drop, so throwing all those numbers in a bucket and stirring them up, my IV range drops to 30-50c - with the margin of safety knob turned up a bit because there are too many unknowns.

    I would also like to know what their plans for the $14.4m are, hopefully first priority is payout the $5m debt, I would prefer them to put the rest to good use, but if they cant make money with it then a buyback, and if they are really no good at capital management then I guess a special divvy might be on the cards.

    Still trying to decide whether to increase my position in ITD or not.
 
watchlist Created with Sketch. Add ITD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.