Why would I delete a post that rightly points out industry acquisitions based on multiples of EBITDA?
Of course, an acquirer looks at it through that lens - I guess the argument to that would be, if a larger scale operator can produce the product at a substantially cheaper cost price, why bother paying a premium?
Hard to find a positive way to spin this...
Ann: Quarterly Activities Report & Appendix 4C, page-29
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