I don't think there's much doubt the takeover will happen given...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,671 Posts.
    lightbulb Created with Sketch. 23
    I don't think there's much doubt the takeover will happen given it's been supported by the CVA directors. That will get sorted in the next couple of weeks. In regards to the takeover being EPS accretive BGL would need to know all the details before giving a number. Current shares on issue 92 M + 6.&M righst issue + 42M for CVA holders = 140M. Bgl current revenue per month..close to 1M ( stated at AGM)...CVA...5M annually...approx 18M for FY 2011. NPAT as % of revenue at 23% - 25% x $18M...around 30 EPS. Now there will no doubt be one- off costs with the CVA purchase that most likely will affect the EPS. The great thing about the takeover is CVA is very strong in VIC...Wizz has assist BGL in QLD and BGL owns NSW.
 
watchlist Created with Sketch. Add BGL (ASX) to my watchlist
(20min delay)
Last
$1.24
Change
-0.010(0.80%)
Mkt cap ! $1.606B
Open High Low Value Volume
$1.26 $1.27 $1.23 $9.132M 7.356M

Buyers (Bids)

No. Vol. Price($)
1 6000 $1.24
 

Sellers (Offers)

Price($) Vol. No.
$1.24 89880 5
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
BGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.