WNX 6.90% 2.7¢ wellnex life limited

Ann: WHA Acquires Little Innoscents, page-6

  1. 884 Posts.
    lightbulb Created with Sketch. 49
    Mathematically,

    Purchase 300,000 plus $400000 scrip = $700000

    EBITDA 255000 x 0.8 = $204,000 per annum

    So effectively, it will be fully paid in 3.5 years at this rate.

    Well done.

    Correct me if I am wrong.

    Cheers
 
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