Noddy,
I see it differently.
If AFL can buy revenue at say 50 cents per dollar - that means in crude terms they can buy $10 mil of revenue. (They paid less than this for Strong Law).
AFL is currently capitalised at roughly 4 x revenue (consistent with IPH and proposed float of HWL Ebsworth) - this means an extra $40 mil of market cap (60 cents per share) if they get it right.
L2
Noddy,I see it differently.If AFL can buy revenue at say 50...
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