I mentioned earlier that LGI was looking to IPO. Well the AFR is currently reporting that it has been successful at raising $25m at $1.50 per share, implying 10x EBITDA or 27x PE for FY23. I believe that their growth pipeline is significantly smaller than Delorean, but they have been more succesfull at raising capital including via their IPO.
https://www.copyright link/street-talk/biogas-group-lgi-secures-25m-for-ipo-adrad-gets-22m-20220818-p5bas7
Financing the green energy revolution is very difficult. Either, they are post-construction and getting 80% LVR, or they are pre-construction and only 50% LVR meaning companies like Del need to stump up half the costs. Which they can't. So they hit the capital markets to raise. Everyone's a hero at fundraising when interest rates are Zero %, but not so when rates are positive - looking at Planum.
- Forums
- ASX - By Stock
- DEL
- Ann: Brickworks Collaboration Progresses to Development Stage
Ann: Brickworks Collaboration Progresses to Development Stage, page-41
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
Add DEL (ASX) to my watchlist
|
|||||
Last
3.6¢ |
Change
0.002(5.88%) |
Mkt cap ! $7.765M |
Open | High | Low | Value | Volume |
3.4¢ | 3.6¢ | 3.2¢ | $4.901K | 140.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 749 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 749 | 0.036 |
2 | 39000 | 0.032 |
3 | 160000 | 0.030 |
1 | 25000 | 0.028 |
1 | 120069 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 200000 | 1 |
0.038 | 30000 | 1 |
0.040 | 20419 | 4 |
0.042 | 90789 | 2 |
0.043 | 600931 | 1 |
Last trade - 14.21pm 12/07/2024 (20 minute delay) ? |
Featured News
DEL (ASX) Chart |