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
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $40.41M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 14.0¢ | $42K | 300K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 109000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 155984 | 3 |
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| Last trade - 14.02pm 07/06/2024 (20 minute delay) ? |
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14.5¢ |
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| Open | High | Low | Volume | ||
| 14.0¢ | 14.5¢ | 14.0¢ | 8052 | ||
| Last updated 14.50pm 07/06/2024 ? | |||||
| VBC (ASX) Chart |