Yeah I think for sure this year 6m EBITDA seems unrealistic considering they didn't end up deploying all rigs earlier on this quarter (my thoughts are between 5-5.5m). I am hoping that the market has already priced this in as it's currently trading at 6x ebitda multiple (industry average), so in that case it should atleast hold it's current share price. Hopefully in time market will realise the Company will continue to grow sustainable and with next year's guidance and maybe an acquisition, it can trade in high teens.
Yeah I think for sure this year 6m EBITDA seems unrealistic...
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Last
44.5¢ |
Change
0.040(9.88%) |
Mkt cap ! $187.7M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 42.8¢ | $220.6K | 505.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29929 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 339597 | 5 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| VYS (ASX) Chart |