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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 (20min delay)
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Last
$3.11 |
Change
0.010(0.32%) |
Mkt cap ! $89.88M | |||
| Open | High | Low | Value | Volume |
| $3.11 | $3.11 | $3.11 | $3 | 1 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1746 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 3137 | 1 |
View Market Depth
| Last trade - 11.16am 04/06/2024 (20 minute delay) ? |
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Last
$3.11 |
Change
0.010 ( 0.32 %) |
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| Open | High | Low | Volume | ||
| $3.11 | $3.11 | $3.11 | 134 | ||
| Last updated 11.16am 04/06/2024 ? | |||||
| ECL (ASX) Chart |