Add in $250m for pref and $200m for debt, and the enterprise value is $520m. Two ways to look at that:1. Cheap - they have over $4 billion of sales2. Expensive - the business is consistently lossmaking They need to be taken private, IMO.
NVA Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MND Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?