So based on the Exit run rate guidance of midpoint 150 fyr half 2, which adjusts to 140.4 without UK mortgage based on last year, and the pro forma net debt of 182m, leverage has fallen to 1.3x.
So we are expected to be within the target leverage range for the resumption of divs at over 80% of core npat when this transaction closes mid year.
Barrenjoey might raise their target slightly? Good to get a better price than expected. I assume the support costs are a fraction of annual EBITDA.
So based on the Exit run rate guidance of midpoint 150 fyr half...
Add IRE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.44 |
Change
-0.100(1.17%) |
Mkt cap ! $1.576B | |||
| Open | High | Low | Value | Volume |
| $8.59 | $8.67 | $8.43 | $9.724M | 1.143M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2835 | $8.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.45 | 16290 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$8.43 |
Change
-0.100 ( 1.26 %) |
||||
| Open | High | Low | Volume | ||
| $8.53 | $8.67 | $8.43 | 113521 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| IRE (ASX) Chart |