IVO 0.00% 0.9¢ invigor group limited

Certainly a lot of unknown's here. On face value it seems like...

  1. 96 Posts.
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    Certainly a lot of unknown's here.

    On face value it seems like management are trying to boost the share price in timing for a capital raising. Otherwise I can't see the need for a preliminary guidance for what appears like earnings from businesses they don't yet own.

    Does anyone know where the money is coming from? As capital a raising would dilute massively basically doubling the market cap and poses risks if they don't get adequate subscriptions. This would essentially dilute out the current value (3 - 5 x EBTIDA) - that's provided management even delivers on what they say.

    I'm happy to sit on the side lines for the time been. Plenty of other businesses trading on real EBITDA's of 3 -5 X.

    Needless to say i'm interested but very skeptical, if anyone can shed some light it would be much appreciated.
 
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