Importantly this note
"Cost synergies estimated to be ~$17 million p.a., with ~50% of run-rate synergies expected to be realised within 12 months from Completion, and 100% realisedwithin 24 months from Completion"
Which means net of costs this deal is worth about $150M value wise in cost savings.
Or in other words would add around 35% to SSM market cap, depending on how much of the synergies have been paid to Lendlease as part of the acquisition.
From this pack it is a cracking deal. But market will judge that shortly.
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Last
$1.93 |
Change
0.000(0.00%) |
Mkt cap ! $1.188B | |||
| Open | High | Low | Value | Volume |
| $1.92 | $1.95 | $1.91 | $3.032M | 1.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 30050 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| SSM (ASX) Chart |