acq, page-2

The numbers, all in US$, from the article:
- EBITDA $30m for 100% and $21m for 70%
- consideration of $100m for 70% implies a multiple of 4.8

Provided they can raise equity at A30 cents or above, and mix it with debt at below 10% per annum, I'd be a happy camper.

Will wait for announcement(s) in hope this frog is a prince. (Investment potentially saved by an acquisition, again!)