Lots to get through here...
The combined business would have pro forma FY19 revenue of approximately $130 million and pro forma normalised FY19 EBITDA of approximately $7 million. OSD will also bring a backlog of $23m of work in hand. Initial cost savings of more than $2 million per annum have been identified and over time additional synergies are anticipated.
Question is how is the entity being valued... 41% is us, 59% them with LCM issuing new equity as ParentCo.
Ann: H1 FY19 Earnings & Proposed Merger Announcement, page-2
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.08M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4166 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 100610 | 2 |
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