CVN is the wrong price...$450m for 20% stake...lets agree nothing else matters as it didnt before the recent discovery. Implied valuation of 100% is $2.25b... STO paid $2.15b for the entire Quadrant business...thats has over 250m in EBITDA.. You have to put a 6 x multiple on this EBITDA amount...implied valuation of CVN is around 50% lower.
Ann: Santos Acquires Quadrant Energy, page-33
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.8¢ | $90.70K | 568.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 326424 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 278044 | 7 |
View Market Depth
| Last trade - 12.45pm 27/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |