CCP (Credit Corp) or LFS (Latitude) spring to mind, though LFS have a suspension to sort out first.... CCP has a current market cap of 1.14B and LFS 1.25B. A merger would see a market cap of minimum 1.5 - 1.6 Billion, this would get them included in the ASX200 index and bring a tide of index buying with it. An acquisition with a capital raise would likely see the market cap >1.5-1.6B and a nice buffer to stay in the ASX200, any transaction would likely have a capital raise component as this would assist in releasing the franking credits (or newco may be too leveraged).
Index buying aside. Synergies would come from a shared balance sheet (better financing rates) & streamlined corporate structure. The real kicker for CCP would be index inclusion.
- Forums
- ASX - By Stock
- SVR
- Takeover target
Takeover target, page-3
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SVR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.26 |
Change
0.063(5.21%) |
Mkt cap ! $262.5M |
Open | High | Low | Value | Volume |
$1.25 | $1.28 | $1.24 | $122.8K | 97.20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 2952 | $1.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.27 | 2212 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 3841 | 1.260 |
5 | 2293 | 1.255 |
6 | 10881 | 1.250 |
5 | 4294 | 1.245 |
3 | 6433 | 1.240 |
Price($) | Vol. | No. |
---|---|---|
1.265 | 2214 | 5 |
1.270 | 9899 | 7 |
1.275 | 38702 | 8 |
1.280 | 60542 | 9 |
1.285 | 13158 | 6 |
Last trade - 13.13pm 13/09/2024 (20 minute delay) ? |
Featured News
SVR (ASX) Chart |