Great outcome for shareholders of both entities, but particularly the consolidated Webcentral register and company.
Combined entity ~$120M rev, ~$20M EBITDA, entering into ASX300 and bigger fundies radarsConsolidation of the debt
Consolidate liquidity into one entity - far more attractive for instos
Perhaps the most underrated is absorption of the cross equity. WCG effectively is only offering 2-1 on ~50% of the company, halving the dilution. And its getting 5GN @ around 94c, when less than a year ago is was trading at $2.40
This is a huge boost for webcentral shareholders. The combined MC will sit around ~150M at current prices, trading at only ~7.5X EV/EBITDA, and ~1.5X rev, this is before considering the inevitable synergies, cost savings and cross selling
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- Ann: Presentation - Webcentral and 5G Networks Agree to Merge
Great outcome for shareholders of both entities, but...
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $50.5M |
Open | High | Low | Value | Volume |
14.5¢ | 15.3¢ | 14.0¢ | $2.910M | 19.44M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 239951 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 572545 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8890 | 0.150 |
4 | 370000 | 0.145 |
12 | 874135 | 0.140 |
6 | 229099 | 0.135 |
2 | 27699 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 564345 | 9 |
0.160 | 532696 | 15 |
0.165 | 426070 | 10 |
0.170 | 447140 | 5 |
0.175 | 82258 | 3 |
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