ST1 2.33% 4.4¢ spirit technology solutions ltd

Ann: Proposed issue of Securities - ST1, page-6

  1. 228 Posts.
    lightbulb Created with Sketch. 46
    I put valuation after this 45-50c.

    Current MCap $190m.

    Add $50m for this acquisition.

    Expected Profit now $22m.

    $22m x PE 15 = expected market cap $330m

    Should be price accretive by 25-30%
 
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