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IMO SP heading back to 18-19c Institutional shareholders took up 98.8% of their rights. EVO having a refreshed management team and Director Chris Scott who owns 19 per cent having committed to take up his entitlements have plenty of skin here. Possibly a takeover target in a few years time. Scott and fellow director Sacre will use $25m of the funds raised to buy up to 12 centers planned in Australia boosting ebitda by 5-6m. August FY19 will provide more specific details in regards to recommencing dividends.
Sure has risks but doesn't every share but feel I have chance of doubling my investment here over the next 2 years
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