Can I ask if this is the right way to think about this.
If TSI is listed at A$1bn, then we save ~6% of dilution with this deal - ie A$60m extra value to Findi investors. So the $45m investment gives an A$60m extra investment if TSI is listed at A$1bn. Not sure I should say, A$17.2m investment (to restructure the CCD) as I guess the money for the new SBI contract and Accelerate White Label, is needed to support the valuation of TSI at IPO.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.25 |
Change
0.000(0.00%) |
Mkt cap ! $262.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| FND (ASX) Chart |
Day chart unavailable