I think we are in for a shot. Piramal Investments valued it at a...

  1. 167 Posts.
    lightbulb Created with Sketch. 142
    I think we are in for a shot. Piramal Investments valued it at a 10x multiple when ASX gave it a 2.5x multiple at the time from memory. We've got alot more negotiation power now I would imagine and may be trading on a 3-4x EBITDA multiple for FY26 based on revenue projections (assume ebitda margin holds, SBI contract estimates alone seem to suggest it will). In a conservative scenario I imagine we list for a share price double this, and I really do think that is conservative.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$3.73
Change
-0.100(2.61%)
Mkt cap ! $230.5M
Open High Low Value Volume
$3.82 $3.82 $3.72 $260.1K 69.12K

Buyers (Bids)

No. Vol. Price($)
1 1499 $3.73
 

Sellers (Offers)

Price($) Vol. No.
$3.80 2268 3
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
FND (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.