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93.5¢ perenti limited

yes the benefit or mergers takes time. At least 1yr. EPS should...

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jokerlee

910 Posts.

78

13/03/24

09:37

Post #: 72859670
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Originally posted by Grooveamarda: ↑

If you check in the expense report for the half year. PRN incurred $18.8M in consulting fees over 6 months. At a guess probably 30-50% is attributed to merger and a one-off hit. DDL aquisition costs was $5.8M and expensed as other expenses, post the merger.

Merger benefits on the cost side are estimated to be OPEX savings of $22M YOY.
HR and Pay-role consolidation.
Finance, Risk / Support team rationalisation.
IT stack consolidation.
DDL bad debt written-off a one-off item.
Site rationalisation.
Sales team rationalisation / reduced competition in the market-place.

Punchline... well need to wait until September reporting season to see merger benefits.

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yes the benefit or mergers takes time. At least 1yr. EPS should grow if its a good acquisition like this one.
PRN Price at posting: 95.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 93.5¢		Change -0.005(0.53%)		Mkt cap ! $891.7M

Open	High	Low	Value	Volume
94.0¢	95.0¢	93.0¢	$711.6K	759.3K

Buyers (Bids)

No.	Vol.	Price($)
6	68184	93.0¢

Sellers (Offers)

Price($)	Vol.	No.
94.0¢	84738	6

View Market Depth

No.	Vol.	Price($)
6	68184	0.930
5	95732	0.925
3	129956	0.920
3	24100	0.915
4	60000	0.910

Price($)	Vol.	No.
0.940	74190	5
0.950	52631	1
0.960	80000	2
0.965	12594	2
0.970	132128	6

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 93.5¢			Change -0.005 ( 0.88 %)
Open	High		Low	Volume
94.3¢	95.0¢		93.0¢	252038
Last updated 15.59pm 03/05/2024 ?

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