July 5 (Reuters) - Joyce Corporation Ltd (JYC) :
- Purchased 51% equity in Lloyds Online Auctions Pty Ltd
- JYC expects transaction to be earnings per share and EBITDA accretive in FY
2017
- Deal for initial payment of $6 million
- Lloyds EBITDA expected to be > $3 million in FY 2017
- Jyc will have 3x directors appointed to the lloyds board
- On a fully franked basis Lloyds is expected to add 3.85 cents net earnings per share to JYC in FY 2017
- Total group network written sales forecast to be $170M-$200M in FY 2017
- Deal expected to add $10 million to Jyc'S consolidated revenue, an expected uplift of nearly +22% on FY 2016
News: JYC Joyce Corp purchases 51 pct equity in Lloyds Online Auctions Pty Ltd
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Last
$4.75 |
Change
0.000(0.00%) |
Mkt cap ! $140.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1112 | $4.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.00 | 5000 | 1 |
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| Last trade - 16.21pm 08/08/2025 (20 minute delay) ? |
| JYC (ASX) Chart |
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