SPO spotless group holdings limited
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Downer is heavy in defence IIRC, so they will like all spotless...

  1. bug1
    6,633 Posts.
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    20/03/17
    18:52
    Post #: 23490729
    Downer is heavy in defence IIRC, so they will like all spotless defence contracts.

    $1.2B to buy out shareholders + 800m debt, thats $2B for an outlook of $80-90m FY earnings (not counting exceptional items), and a few obvious risks in those numbers as well.

    Not sure how downer will sell it, but gratz for spotless holders who held on.
    SPO Price at posting: 72.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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