STTCOMP TAG, FA LONG
MC $5.5M, SP 4.4c
Shares on issue 124,328,175
Tag Pacific Limited (TAG) is a Sydney-based investment Company focusing on the power industry (and mainly Solar projects). TAG invests primarily in MPower Group, a wholly owned subsidiary, and operates in two major segments which are power investments and property investments.
Mpower has $56m in revenue, and on a normalised basis made EBITDA of >$1m
As such trading on <0.1x revenue and 5x EBITDA
mpower will likely be a beneficiary of this surge in investment.
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