Agree,At a glance, acquisition looks ok/good. Diona is capital...

  1. 3,064 Posts.
    lightbulb Created with Sketch. 684
    Agree,
    At a glance, acquisition looks ok/good. Diona is capital light, $1B work in hand, generally long term contracts with government, high quality clients. Raising at 83c, which is only a 1c discount to today’s price - adjusted for the dividend, which is 2.5c. Company says acquisition is 10%eps accretive with strong opportunities for synergy and cross selling.
    New shares not entitled to dividend. Not that anyone cares what I have to say, but looks ok to me.
    As for financial year results, they look fantastic, the trend line in particular. Another big increase in EBITDA for 2025 forecast. Very happy with dividend not withheld.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.64
Change
0.015(0.93%)
Mkt cap ! $987.4M
Open High Low Value Volume
$1.61 $1.64 $1.59 $2.035M 1.254M

Buyers (Bids)

No. Vol. Price($)
1 25233 $1.61
 

Sellers (Offers)

Price($) Vol. No.
$1.65 18000 1
View Market Depth
Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
SRG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.