Andrew: If PRL is a listed company it is certainly very low at 2.5 times. But 2.5 is certainly in the normal range of multiples applied to private entities. There are many examples of this. A lot of small cap companies buy up private businesses at between 2 to 4 times earnings to rapidly grow. One example I can think of is Traffic Technologies (TTI).
# macrae:- cii / prl merger result any day now! #, page-6
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Last
$1.03 |
Change
0.000(0.00%) |
Mkt cap ! $119.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 9709 | 3 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| PRG (ASX) Chart |
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