SPZ 25.0% 90.0¢ smart parking limited

Ann: Shareholder Update - Non-binding Indicative Proposals, page-42

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  1. 9,519 Posts.
    lightbulb Created with Sketch. 925
    The differences in margin and scale are obvious and apart from getting rid of competition and possibly picking up some developed scalable technology ( I am assuming SPZ have done it right) It seems obvious why they may not come back with a significant offer and can just whiteant SPZ margins with lower tenders and pick em off later if they have to. Other smaller players without the overheads of being listed and older legacy systems going forward
    I could invision another small nibble of a bid but others seem to be thinking it will be a massive premium but numbers show they with won't be value accretive initially for Parking eye but is strategic and has bolt on efficiencies . It was worth a cheap dig from them as if they got away with it it changes their market but not sure they will chase it hard.

    Do you think parking eye want a listed structure ???
 
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Last
90.0¢
Change
0.180(25.0%)
Mkt cap ! $314.3M
Open High Low Value Volume
77.5¢ 90.0¢ 77.5¢ $1.196M 1.448M

Buyers (Bids)

No. Vol. Price($)
1 11026 85.0¢
 

Sellers (Offers)

Price($) Vol. No.
90.0¢ 11269 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
SPZ (ASX) Chart
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