RQL resource equipment ltd

Ann: Acquisition of Business , page-4

  1. 877 Posts.
    lightbulb Created with Sketch. 14
    agree stone, got a good growth business at 3 x ebitda, any cheaper and you'd have to question why the vendor is selling....

    the only shame for me was the s/p used in many of the shares = 43c so a fair bit more dilution than if current price was used.

    also expect a very good h/y results tomorrow (see the most recent presentation prior to SPP)
 
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