Tuesday Trades at $4.47 will this price give way to the Offer Price of $3.93 (price normally will fall to the Offer price)
All New Shares offered under the Equity Raising will be issued at a price of $3.93 (“Offer Price”)
A decent rally today closed at $4.77 up 13.57%
IPG way above the Cap raising of $3.93 ( 1 for 13.65 shares held )
Return (inc div) 1yr: 55.96% 3yr: N/A 5yr: N/A
Revenue of $226.9million, up 28.3% on pcp – Strong organic growth has been delivered predominantly by the existing product portfolio and growing market share – Strong statutory growth displayed by a 37.4% CAGR
EBITDA of $27.7 million, up 37.1% on pcp – There have been ongoing strategic investments made during the year, some of which include: • Expansion of the Gemtek team
• Recruitment of specification focused business development managers across the country
• Operational expansion with a new 4,000sqm warehouse – While the Group has invested into these strategic initiatives during the financial year, the Group continued to deliver strengthening EBITDA margins, and a 44.9% EBITDA CAGR over the past four financial years
So Check out IPG a steady pathway to growth. could add some units today with the expected bearish market..
Return (inc div) 1yr: 132.35% 3yr: N/A 5yr: N/A
