SGH 0.00% 54.5¢ slater & gordon limited

You haven't factored in the issuance of new equity, which is yet...

  1. 985 Posts.
    lightbulb Created with Sketch. 65
    You haven't factored in the issuance of new equity, which is yet to happen. The market is valuing the 4% of equity held by current shareholders at $32m. By extension, they are valuing the 96% to be issued to the lenders (new shareholders) at $768m. The maths is $32m / 4% - $32m.
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.