Pretty simple to realise alot of value from here
1. Sell Investment portoflio
2. Payout surplus cash with franking - say 90c per share with 38.6c franking
3. IPD trading at 16.5 times EBIT. Take a scrip deal for say 7 times EBIT. $15.2m x7 = $106.4m or $3.67 per share
Result (ignoring the removal of various duplicate costs)
1. IPD get a very accretive acquisition
2. ECL shareholders get $4.96 value
Pretty simple to realise alot of value from here 1. Sell...
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Last
$3.10 |
Change
0.000(0.00%) |
Mkt cap ! $89.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5625 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 5400 | 2 |
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