ASV 16.0% 2.9¢ asset vision co ltd

Ann: Acquisition, page-3

  1. 171 Posts.
    From what I can gather, it's 4 x expected FY16 EBIT initially. Then, another 2 x EBIT for FY16 on top of the initial sum, with 2x FY EBIT all the way up to FY18. Therefore, 4 x FY16 EBIT + 2 x FY16 EBIT + 2 x FY17 EBIT + 2 x FY18 EBIT.

    That purchase price is a little steep imo but time will tell!
 
watchlist Created with Sketch. Add ASV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.