new acquisition in ore crushing and screening business.this is...

  1. LZA
    1,858 Posts.
    new acquisition in ore crushing and screening business.

    this is an excellent fit for Sedgman, building on their strengths in the coal industry.

    looks very cheap at 5.5 times EBITDA, is earnings accretive, funded by cash and debt, with gearing only at 10%.

    This sort of growth is good to see. Price up 15c to 1.47
 
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