Overcovering from 6 to even 10 times predict market analysts in relation to Media’s public registration. The basis of these predictions is that in the first 24 hours of Mr. Marinakis’ offer of Alter Ego Media (S.A. is recalled that it started yesterday, Monday 20.1.25) the overcover exceeded three times. CORVERSE It is noted that this process is scheduled to be completed tomorrow, Wednesday, January 22, 2025 (hour 4 pm) and, therefore, according to the same estimates, overcovering could increase even more. It is stressed that the contractors are Piraeus Bank, Euroxx, Eurobank, National, Alpha, Otima and Attica Bank, while the price of the public offering tends to be €4. Eurobank Equities points out that Alter Ego Media is expected to present free cash flows of more than EUR 20 million per year over the next few years and a dividend return approaching 2% to 5%. Euroxx Securities provides that Alter Ego Media will distribute a dividend for the use of 2024, which new shares will receive on the basis of the prospectus. Piraeus Securities assesses the company’s valuation before the forthcoming share capital increase, in a range between EUR 193 million and EUR 240 million.
Alter Ego Media: Estimates for overcovering up to 10 times
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in Enterprise