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
- Ann: Brickworks Collaboration Progresses to Development Stage
I mentioned earlier that LGI was looking to IPO. Well the AFR is...
-
- 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
Add DEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.14M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 53127 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 2100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 53127 | 0.098 |
1 | 30000 | 0.096 |
1 | 39660 | 0.095 |
2 | 65500 | 0.091 |
3 | 249998 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 2100 | 1 |
0.110 | 35000 | 1 |
0.115 | 16750 | 1 |
0.120 | 206586 | 5 |
0.125 | 254411 | 2 |
Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
Featured News
DEL (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online