Hey mate, I calculate 10m Ebitda once all rigs are deployed on a 12 months run-rate. Put in 6x EBITDA (industry standard), that's 60m market place, which is roughly 16-18 cents per share. This is without factoring in new verticals.
But yeah, you're right about the downside, ofcourse there's always the problem if a rig breaks down, however, I don't really see issues with the business being capital intensive or having labour issues going forward. That's all temporarily.
Ann: Vysarn financial results 6 months to December FY2021, page-52
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Last
37.0¢ |
Change
-0.010(2.63%) |
Mkt cap ! $154.8M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 35.0¢ | $322.2K | 885.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 32252 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| VYS (ASX) Chart |