CAJ 5.56% 38.0¢ capitol health limited

Ann: IDX: Lapse of Capitol Health Bid, page-38

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  1. 557 Posts.
    lightbulb Created with Sketch. 79
    I thought they would have flown Sally & Kevin out during the T/O to showcase what Enlitic is capable of. Still, water under the bridge now.

    I'd say you're right about a CR for Enlitic, the AGM presentation back in November stated they had 12 months of cash left. Also said "currently considering opportunities to crystallize value for Capitol". Hmmm.....joining dots but.... there was an article in the AFR (street talk) last year about a possible IPO for Enlitic on the ASX.

    Waiting for Mesoblast to cash & burn

    "Fund manager attention, though, has turned to Capitol's 20 per cent stake in US deep learning play Enlitic.
    Street Talk can reveal that Enlitic management has been doing the rounds with local fundies with the help of Shaw and Partners in recent weeks, sparking thoughts of a potential ASX listing of its own.
    Enlitic last raised funds at a $50 million valuation about 12-months ago, and there is a view it could be worth $100 million or more should it be spun off in the next six months. That would represent a tidy profit for Capitol."
 
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