per cent of its revenue from Audi cars. Samuel Hall
ASX aspirant Autosports Group’s initial public offering has
priced at $2.40 a share, equating to a multiple of 17.2 times
forecast net profit, Street Talk can reveal.
This means the company will have raised $160.1 million for a
$482.4 million market capitalisation. Sources said the deal was
nine-times covered.
Sponsor brokers Macquarie Capital and UBS started allocations to
fund managers on…