Investor Presentaiton
Overview
>>>
The Company is undertaking a capital raising of $35 million at an offer price of
between A$3.00 and A$3.20 per share to existing and new shareholders via a
placement and share purchase plan (together the "Capital Raising")
»
Austin is undertaking the Capital Raising to:
>>>
- Finance the residual 50% purchase payment for the Servigrut acquisition;
- New manufacturing facility in Peru; and
- Potential acquisitions in Brazil
Significant contract expected to be awarded in Brazil shortly for the supply of mining
products
The Company is expecting FY14 EBITDA to between A$40 to A$50 million with 80%
of the full year result being achieved in the second half of FY14
Investor Presentation
austinengineering LTDView entire presentation