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Ann: WHA Acquires Little Innoscents, page-33

  1. hitang
    884 Posts.
    lightbulb Created with Sketch. 49
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    07/02/18
    16:39
    Post #: 30894061
    It is normal for about 3.5 times earning. i.e 204,000 x 3.5

    Making the previous owner to accept scrip is a good idea where they will work hard after the deal. Not forgetting the previous owner retain 20% of the company as well.

    Good deal for all.
    WHA Price at posting: $2.21 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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