If the numbers play out, we paid 1.5M for a profitable business making ~400k per year. That pays itself off in about 4 years and is pure upside from there. That ignores any benefits from gained efficiencies, cross sell/upsell or conversion to higher margin products.
This doesnt move the needle significantly but looks on paper to be a great aquisition.
Although like everything with CCR it needs to comvert to real revenue to actually matter.
Ann: Strategic acquisition of insurance recoveries business, page-9
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Last
33.0¢ |
Change
0.003(0.76%) |
Mkt cap ! $138.7M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 31.5¢ | $33.01K | 101.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 77751 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 12777 | 2 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| CCR (ASX) Chart |