Hi jg,
Thanks for checking those accounts, let us know the outcomes of your ongoing research.
On the face of it it looks like a logical acquisition, gaining a foothold in the UK market and getting access to Truckman's products and distribution network, the terms look good also with £10m upfront, £4.0m deferred and £7.9m subject to 3 yr performance hurdles derisking it somewhat. With the A$ - GBP£ trading at a relativily high 55.7c the total price is ~ A$39.3m. That can be funded from ARB's bulging bank accounts. Too bad the UK has divorced the EU...
The issue for me is that £1.6m NPAT is not going to really move the dial on ARB's fundamentals. I was hoping the ARB was squirreling away all that cash and building up it's balance sheet for a serious tilt at the US market. Just imagine wacking an ARB bullbar on every F100 and Chevy pickup in the US of A... now that would move the dial!
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Hi jg,Thanks for checking those accounts, let us know the...
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Last
$40.31 |
Change
-0.230(0.57%) |
Mkt cap ! $3.318B |
Open | High | Low | Value | Volume |
$40.38 | $40.38 | $39.62 | $7.257M | 180.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200 | $40.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.32 | 324 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 40.250 |
1 | 91 | 40.090 |
1 | 272 | 40.060 |
2 | 326 | 40.050 |
1 | 272 | 40.030 |
Price($) | Vol. | No. |
---|---|---|
40.330 | 272 | 1 |
40.360 | 272 | 2 |
40.500 | 1953 | 1 |
40.550 | 2312 | 1 |
40.600 | 100 | 1 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
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