One point NS said during the earnings call was that there will be at least a 15% sell down into the IPO. So if that gets returned to shareholders at 78% of $1b market cap = $1.64 capital return + share price of $9.33 for the remaining 66% of TSI that FND could own.
Lots of re-rate catalysts coming up over the next 18 months. Exciting times
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 (20min delay)
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Last
$4.47 |
Change
0.200(4.68%) |
Mkt cap ! $278.1M | |||
| Open | High | Low | Value | Volume |
| $4.39 | $4.55 | $4.36 | $475.1K | 106.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6905 | $4.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.49 | 460 | 1 |
View Market Depth
| Last trade - 10.47am 25/06/2025 (20 minute delay) ? |
| FND (ASX) Chart |