That's a great read, thank you for sharing.
DMX comment on Ebitda being 50m by 2026 which seems reasonable. If 20-30x ebitda multiple is actually achievable (this seems less reasonable) then the company valuation on BSE listing would be worth 1.25b at a 25x multiple. At 80% valuation accounting for managements 20%, that's a 1b valuation (if piramal is paid back). At ~65% Findi ownership if Piramal is not paid back, that's a 812m valuation. Share prices of $20.38 and $16.55 respectively. Its a hell of a story, and the company hasn't lead us astray so far.
That's a great read, thank you for sharing.DMX comment on Ebitda...
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Last
$4.08 |
Change
0.470(13.0%) |
Mkt cap ! $199.1M | |||
| Open | High | Low | Value | Volume |
| $3.62 | $4.08 | $3.61 | $966.5K | 243.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1416 | $4.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 298 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| FND (ASX) Chart |