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Ann: WHA Acquires Little Innoscents, page-6

  1. hitang
    884 Posts.
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    06/02/18
    09:51
    Post #: 30845026
    Mathematically,

    Purchase 300,000 plus $400000 scrip = $700000

    EBITDA 255000 x 0.8 = $204,000 per annum

    So effectively, it will be fully paid in 3.5 years at this rate.

    Well done.

    Correct me if I am wrong.

    Cheers
    WHA Price at posting: $2.29 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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