That's an interesting observation
If VMX was private it would be trading at say 5 EBITDA (I'm not sure what the exact multiple would be) but if they were to list the thing it would trade on IPO at 10+ times EBITDA - financial engineering at its finest!
Maybe somebody should take VMX private and re-list it. So many companies out there making next to nothing with far hig
Ann: STRONG HY21 DELIVERS RECORD EARNINGS & CASHFLOW, page-22
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