IPD Group is undergoing a capital raising.
Funds raised: $65m
Extra shares: 16.5m
Synergies: Expected but not included
Because I don't have time, hopefully someone can do an exact valuation. If you are inclined go to fightfinance for the methodology after clicking the answers.
Roughly we should expect a market cap from 364m to 429m and SOI of 103m shares.
Some important slides that will help
![32e82519711df3eaa417eb236813e50a6fb0e9.png](//strawman.com/member/uploads/objects/47/32e82519711df3eaa417eb236813e50a6fb0e9.png)
![61fa0b7de6a4d5b97cfcf029044699bd3a2d51.png](//strawman.com/member/uploads/objects/7b/61fa0b7de6a4d5b97cfcf029044699bd3a2d51.png)
![c531feedc0d354dde0c9f611a2b5b279599b3a.png](//strawman.com/member/uploads/objects/8f/c531feedc0d354dde0c9f611a2b5b279599b3a.png)
But I'm sure the market will try and drag this below $4.
As I already topped up at the recent lows, I think I have enough shares already - not sure if I take up the rights issue.
[held]