JPMorgan Chase & Co. (NYSE:JPM) Expected to Post Earnings of $2.55 Per Share If earnings reports from JPMorgan Chase (NYSE:JPM) and Wells Fargo (NYSE. analysts expect Bank of America to report revenue of $23.30 billion and a per-share profit of 65 cents. For the same.
Australian Fintech Prospa has announced its intent to complete an initial public offering (IPO) on the ASX on June 11, 2019. Prospa was founded by Greg Moshal and Beau Bertoli in 2012 with seed.
L-R: Matt Kean, NSW Minister of Innovation and Better Regulation, Greg Moshal and Beau Bertoli, joint CEOs of Prospa). Photo; supplied Everyone deserves a second chance. And now Australian.
2 Myths Holding Back Home Buyers Old national bancorp target of Unusually High Options Trading (ONB) Germany’s surplus on the current account of its balance of payments. Central Bank. These flows, known as Target 2 flows, imply that the Bundesbank is building its assets (ie, lending money) versus.2 Myths Holding Back Home Buyers “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership. Part of the challenge.
Prospa, Australia’s #1 online lender to small business, has announced an offer of new shares at an offer price of $3.78 per share to raise $109.6 million through an initial public offering (IPO) under a prospectus lodged with the Australian Securities and Investments Commission.
Under the IPO the company sold 29 million shares at $3.78 per share to raise $109.6 million. Following IPO settlement the company will have 161.4 million shares on issue worth $609.9 million at the IPO price.
This week the fintech community in Australia celebrated a new SME success story – the long awaited float of sme online lender Prospa. After stalling at the IPO finish line last year, the venture backed startup came back with a roar, with shares debuting at $4.50, a significant uplift on the $3.78 IPO price, with a market cap in the $720 million region.
Prospa IPO: Are shares in this fintech lender a buy? Tom Richardson. According to its IPO prospectus Prospa will raise $109.6 million via the issue of 29 million shares to give it a market cap.
Prospa Group Limited are pleased to announce the company has been admitted to the official list of the australian securities exchange (asx) following the successful completion of the IPO.. Prospa, Australia’s #1 online lender to small business will trade under the ticker code PGL on a conditional and deferred settlement basis from today, and on a normal settlement basis from 17 June, 2019.
According to its IPO prospectus Prospa will raise $109.6 million via the issue of 29 million shares to give it a market cap of $609.9 million and a valuation trading on 3.8x its enterprise value to forecast financial year 2019 pro forma revenue.
Prospa shares debuted at $4.50, a 20 per cent premium to its $3.78 initial public offering (ipo) price, and closed 18 per cent higher at $4.46. This values the company at $720 million.