IFL 0.48% $3.12 insignia financial ltd

Interesting discussion on M&A and cap raising. At the 1/2 year,...

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    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
 
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