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A Look At Bapcor (ASX:BAP) Valuation After Loss-Making Half Year And A$200 Million Equity Raise Plan
Why Bapcor’s latest earnings and capital raise matter for shareholders
Bapcor (ASX:BAP) has combined a half year result that moved from net income to a loss with a planned A$200 million follow on equity offering, putting its balance sheet and capital plans in sharp focus.
See our latest analysis for Bapcor.
The earnings swing to a net loss and the planned A$200 million rights offering have coincided with a sharp reset in expectations. The 30 day share price return of 59.91% and 1 year total...