Australian Travel Group Backdoor Listing
Current Code: RGX
Consolidation Price: 0.8c
3 companies merging: Holiday Planet, Asia Escape Holidays and Motive Travel
- Before transaction and integration costs the group is on target to generate EBITDA earnings of $2.2 million for the full 2015 calendar year, post-acquisition
- Gross TTV (Total Transaction Value) for the 2015 calendar year is anticipated to exceed $110 million.
- Business cooperation to date has already generated estimated annualized increased revenue efficiencies of the order of $7 Million, with the group targeting some $10 Million by 2016.
- Relisting of Australian Travel Group to complete in 4Q 2014.
