It is quite difficult to use the EBITDA as a metric without knowing the depreciation and also would be nice to know the book value of the business acquired. I do expect they will have paid what the business is worth. Drilling is still a tough gig ATM by the looks - but you can see the metrics improving. Having a string financial backstop is a huge advantage for MSV. I plan to hold until the market is going nuts about drillers again. Might take a decade - hope to get some good divs along the way.
Ann: Acquisition of Radco Drilling, page-6
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $87.56M | |||
| Open | High | Low | Value | Volume |
| 42.3¢ | 42.3¢ | 40.0¢ | $208.8K | 511.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 800 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 13997 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
40.0¢ |
Change
-0.005 ( 3.61 %) |
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| Open | High | Low | Volume | ||
| 41.5¢ | 41.5¢ | 40.0¢ | 51861 | ||
| Last updated 15.19pm 03/05/2024 ? | |||||
| MSV (ASX) Chart |