buying opportunity, page-17

>Seriously, without manifesting a conspiracy theory, list one good reason why a company that should produce approx a 60million plus operational profit should be worth approx 300-350 million

Hey Septa,

It would be approx 58-60 million EBITDA however that isn't including the deduction for BEE requirements so I think that we would be looking at 75% of say 60 million which is 45 million and then subtract tax, lets say 35% = $29,250,000 NPAT as an example.

I am very bullish GDO long term (1+yrs)