JAT 2.70% 76.0¢ jatcorp limited

Ann: Acquisition of Sunnya Pty Limited, page-16

  1. 18,605 Posts.
    lightbulb Created with Sketch. 2629
    Wow...extremely generous. Turnover is $3.5M and EBIT is $450k.

    Buying 51% for $3M cash plus 35M shares - that is Price Earning ratio of 13 (not including shares component and two potential earnouts).

    That is generous offer to a private company that was only registered in 2014.
 
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