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Last edited 4 months ago
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#Raising and Acquisition
Added 4 months ago

I have not looked at the acquisition of Diona, but I have heard only things about that company

Capital raising at a minimal discount.

Share price up 8% on open


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#FY24 Results and FY25 Upgrade
Last edited 4 months ago

Random look at SRG and this demands further inspection

Nice three year growth in revenue and profit, sure low margins but there has also been margin expansion (though slight drop in FY24)

Share price is currently 86.5c so PE is just over 11, which I would take for a company that has more than doubled EPS over the past three years.


Plus the icing on the cake, the company issued an FY25 EBITDA upgrade

"FY25 EBITDA guidance increased to circa $125m"

Company also announced an acquisition and equity raising

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