Nov 14 (Reuters) - Mitchell Services Ltd (MSV) :
- ANNOUNCES ACQUISITION OF DEEPCORE DRILLING
- ACQUISITION IMPLIES AN ENTERPRISE VALUE FOR DEEPCORE DRILLING OF $44 MILLION
- ACQUISITION IS EXPECTED TO BE 38.5% EPS ACCRETIVE
- DEAL FOR $15 MILLION CASH AND 250 MILLION FULLY PAID ORDINARY MITCHELL SERVICES SHARES AT AN AGREED ISSUE PRICE OF $0.068 PER SHARE
- ANTICIPATES BOTH FY20 REVENUE AND EBITDA TO BE IMPROVED ON ITS FY19 RESULTS
- DEEPCORE DRILLING IS FORECASTED TO DELIVER A CIRCA 50% INCREASE IN REVENUE FROM FY19 AT AN IMPROVED EBITDA OF $12.5 MILLION
Source text http//bit.ly/2Qi3oZ4
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News: MSV Mitchell Services Announces Acquisition Of Deepcore Drilling
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Mkt cap ! $61.46M | |||
| Open | High | Low | Value | Volume |
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