BRS
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0.00% $1.49 broadspectrum limited

Ferrovia could have done a market raid and snap 15% straight...

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  1. g12m0
    3,985 Posts.
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    08/12/15
    01:01
    Post #: 16565322
    Ferrovia could have done a market raid and snap 15% straight away. But chose not to do so. Poorly advised? If it bids at $2 it will be game over. Now, BRS board has to move fast to prevent this low ball offer from gaining traction. Offer price is pitched at about 4.5 times EBITDA. 6 times EBITDA is norm when buying this type of business.
    BRS Price at posting: $1.26 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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