AustraliaDaily Briefs

Daily Brief Australia: Flight Centre Travel, Harvest Technology Group Ltd and more

In today’s briefing:

  • Flight Centre Travel Group Placement – Still a Good Deal Despite Its Track Record
  • Harvest Technology Group Limited – Sales Moving up the Curve

Flight Centre Travel Group Placement – Still a Good Deal Despite Its Track Record

By Ethan Aw

  • Flight Centre Travel (FLT AU) is looking to raise US$127m from a fully underwritten institutional placement. 
  • The proceeds will be used to acquire Luxury Travel Holdings (Scott Dunn), a UK-based luxury travel business.
  • In this note, we will discuss deal dynamics, past deal performance, and share the scores on our ECM framework.

Harvest Technology Group Limited – Sales Moving up the Curve

By Research as a Service (RaaS)

  • Harvest Technology Group Limited (ASX:HTG) licenses its proprietary video compression and encryption technology for low-bandwidth, high-latency applications needing secure real-time streaming video communication.
  • The company delivers solutions for data transfer from anywhere via satellite or congested networks.
  • Harvest offers a solution which enables real-time monitoring of remote locations, real-time feedback for field technicians, and secure video conferencing. 

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