1PG
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Ann: Notice to remove directors received from Merchant, page-17

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  1. glossy
    1,366 Posts.
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    15/12/16
    12:43
    Post #: 21360554
    If they purchased a company for $10m, it would be a business that is earnings accretive from day one with a NTAB of similar given what they would be looking for.

    So cash backing is very important as a valuing metric, particularly in the absence of any debt at all.

    It becomes even more relevant in a scenario such as the one we are witnessing now.

    IMO DYOR
    1PG Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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