So, paying $2m for a business doing $0.5m Pre-Tax, i.e., 4x EBIT or 5.7x P/E (assuming fulsome tax rate of 30%).
Not sure the business being acquired is much of an organic growth beast, but I suspect its earnings are reasonably granular and resilient.
When he took control of the Morrison millions, Gazza assured us he wasn't going to behave like a kid in the lolly shop and, so far, he hasn't strayed from that assurance.
So: Tick.
.
So, paying $2m for a business doing $0.5m Pre-Tax, i.e., 4x EBIT...
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Last
28.5¢ |
Change
0.005(1.79%) |
Mkt cap ! $35.22M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 27.0¢ | $148.7K | 529.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93151 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 2161 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| SEQ (ASX) Chart |