Post by
TickBomb on Feb 10, 2021 3:13pm
Clarios IPO
They doubled their investment. More evidence this thing is undervalued.
EOM
Comment by
TickBomb on Feb 10, 2021 4:25pm
If they IPO at $20B, then at 28% ownership that's $5.6B. Minus their proportionate debt of $2.9B, that's $2.7B net on an initial 800M equity investment. Change to CAD it's 3.43B net. So clarios would represent $3.43B/150M or $22 CAD per share. That's over $16CAD/share in profit.