Seven Group Holdings Placement - Good Track Record but Still a Large Deal to Digest
Seven Group Holdings (SVW AU) aims to raise around A$500m (US$38m) via an institutional placement to primarily help reduce its gearing and provide...
484 Views
Rail's Prevalence in New Contracts Could Mean the Market's Midterm Outlook Is Overdone
No-moat Downer shares have been in the ascendancy for approximately two years now, up 135% from the sub-AUD 3.00 lows in late 2015. That’s despite...
251 Views
Previously, in Event SPACE
Of interest this past week: the APN Outdoor Group Ltd (APO AU) / oOh!Media Ltd (OML AU) merger came up against a regulatory roadblock, Fuji Kiko Co...
382 Views
Downer Makes SPO Offer Final, Sets IAF, Extends, Smacks SPO. Bet on A Lower Threshold.
After Spotless Group Holdings Ltd (SPO AU) officially came out with a Target Statement saying Downer EDI Ltd (DOW AU)'s A$1.15 Offer was...
583 Views
Lifting Spotless' FVE To AUD 1.20 Following Release of Target Statement
We lift narrow moat-rated Spotless’ fair value estimate by 4% to AUD 1.20, following the release of Spotless’ target statement. We maintain our...
259 Views