Preference would have to be for a business where there are operating synergies and inefficiencies that can be easily repaired. So probably in the same space. After due diligence, when determining an offer for these types of opportunities it is probably worth working on multiples of net worth to your business rather than multiples of their depressed revenue or profit.
Apparently the owner of Simple Retail must have been playing hard ball and I can perhaps understand why if he bases his valuation on potential worth to Corum rather than his recent financials. May be there is somewhere in the middle ground that will get a deal done.
My Chat with Bill Paterson, page-11
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PHX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.0¢ |
Change
0.003(8.11%) |
Mkt cap ! $23.94M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.2¢ | 3.9¢ | $123.9K | 3.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 111237 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PHX (ASX) Chart |