DEL 6.06% 3.5¢ delorean corporation limited

https://www.copyright link/street-talk/terms-out-for-biogas-outfit-lgi-l...

  1. 724 Posts.
    lightbulb Created with Sketch. 1087
    https://www.copyright link/street-talk/terms-out-for-biogas-outfit-lgi-limited-s-25m-ipo-20220301-p5a0p0?utm_term=Autofeed&utm_campaign=nc&utm_medium=social&utm_source=Twitter#Echobox=1646104618

    Ex-Cleanaway CEO Vik Bansal leading a new biogas IPO. The focus is on biogas from municipal landfill, something that Cleanaway is competing for and not necessarily the core product of Delorean.

    Meanwhile, "The company was expected to have $122.6 million enterprise value after the offer. On an NPAT basis, the offer valued the company at 40.7 times the forecast for this financial year." - very bullish for Delorean imho. I'll need to break down the figures more, but seems that's at least 2x Delorean's normalised NPAT PE with lower growth opportunities.
 
watchlist Created with Sketch. Add DEL (ASX) to my watchlist
(20min delay)
Last
3.5¢
Change
0.002(6.06%)
Mkt cap ! $7.550M
Open High Low Value Volume
3.5¢ 3.5¢ 3.5¢ $630 18K

Buyers (Bids)

No. Vol. Price($)
1 60961 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 5275 2
View Market Depth
Last trade - 15.57pm 08/07/2024 (20 minute delay) ?
DEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.