Something just doesn't add up for me.
At what point would owners of a company that is doing $3m EBIT this year and forecast to do $5m next year, decide that it is prudent to cash out for $10.55m? And the argument that the vendors are seeking an instant cash hit doesn't hold either because the deal is largely a staggered consideration?
The deal just seems too good to be true for SXE.
The vendors know SXE well via Heyday relationship. Are MDE a bit silly and selling out too cheap (unlikely me thinks), or are MDE predicting the current cycle is juiced out?
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Something just doesn't add up for me. At what point would owners...
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Last
$1.61 |
Change
0.000(0.00%) |
Mkt cap ! $423.7M |
Open | High | Low | Value | Volume |
$1.64 | $1.64 | $1.60 | $358.2K | 221.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21448 | $1.75 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.55 | 4354 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21448 | 1.750 |
1 | 123 | 1.690 |
3 | 1031 | 1.640 |
3 | 832 | 1.635 |
1 | 4121 | 1.605 |
Price($) | Vol. | No. |
---|---|---|
1.550 | 4354 | 1 |
1.600 | 405 | 1 |
1.605 | 1408 | 1 |
1.610 | 674 | 1 |
1.615 | 11256 | 3 |
Last trade - 15.58pm 27/05/2024 (20 minute delay) ? |
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Last
$1.61 |
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Change
0.000 ( 0.02 %) |
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Open | High | Low | Volume | ||
$1.62 | $1.63 | $1.60 | 61694 | ||
Last updated 15.59pm 27/05/2024 ? |
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