Interesting discussion on M&A and cap raising.
At the 1/2 year, IFL had net debt of $29m. Market cap is $2.662B Could they borrow $1B and not do a cap raising? Yes, I think they could, and with debt so cheap, that may be a better way to go, rather than equity. If they did do a cap raising, I suspect that it would be in the $300 to $500m range, with the bal coming from debt.
Thoughts?
HT1
May raise capital, page-11
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.12 |
Change
-0.015(0.48%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.14 | $3.06 | $1.978M | 635.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 44012 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 8936 | 13 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| IFL (ASX) Chart |
