Hi MPirate
Geo just Australian revenue I believe across most au States.
Product maybe around six as BLC recently lost a significant client/product if your read the AR 2020.
EBIT of $100K 2020
Why would CDY pay 6 x $500K projected 2021 revenue (that's 30x 2020 EBIT) plus the extra 2022 shares bit to acquire BLC when there are hardly any barriers to entry in the market?
Interesting vote for CDY shareholders today.
Cheers
Finny
Ann: Cellmid to Acquire BLC Cosmetics Pty Ltd, page-82
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