yes, too good to be true I'm afraid. There is $500mil od debt in the form of bank debt and the pref PXUPA. So the enterprise value is $550m and the current EBITDA multiple is around 30x.
SKK Stakk – formerly Douugh – rockets +300% on deal with Robinhood, the US trading app of 'meme stock' fame
Market Close: We're probably not going to see a contrarian September rally – but this way, 2025 might see a Santa Rally