Deal of their lifetime for Liberty House....debt free profitable business for ~700m consideration.
Probably put down 150-200m of cash and finance the rest.
Earn close to their cash consideration back in NPAT in the first year - tax free with the offset credits.
I'm at a loss to understand how/why there were only 2 bidders. Did the admins strike out all bidders that weren't in the steel game themselves? At these numbers PE should be swooping and bidding up the price.
Financial Commentary - who gives a fig?, page-2
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $14.22M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $22.53K | 951.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 332206 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 210000 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ARI (ASX) Chart |