DGL 1.08% 46.0¢ dgl group limited

Ann: Acquisition of Nightingale Transport, page-4

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  1. 169 Posts.
    lightbulb Created with Sketch. 46
    They just bought Nightingale for 3.7 times EBITDA.

    Using the same multiplier for the whole business is 3.7 * $72m = $266m.
    But current market cap is $421m

    They are not running an alchemy business!


 
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