This annexure is a joke in my opinion.Who would pay $70m USD for...

  1. 3,762 Posts.
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    This annexure is a joke in my opinion.

    Who would pay $70m USD for a company with EBITDA of say $1.4m or let's say $2m ? That needs to be some rational when you decide KPI, sure higher the better but putting something this high need some explanation as to why would someone pays $70m USD for legal business? for what ? to get $2m EBITDA?

    if EBITDA was $7m then we can say possibly someone might be happy to pay 10 times !

    current market cap of RKN is below $70m AUD !!!!

    https://hotcopper.com.au/data/attachments/6661/6661574-82d65e4427a7eede7fbc0ecf166e13a6.jpg

    Last edited by UberTrader: 08/12/24
 
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(20min delay)
Last
51.5¢
Change
-0.025(4.63%)
Mkt cap ! $58.34M
Open High Low Value Volume
56.0¢ 56.0¢ 51.5¢ $41.56K 78.01K

Buyers (Bids)

No. Vol. Price($)
1 30000 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
54.0¢ 9931 1
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Last trade - 14.23pm 29/07/2025 (20 minute delay) ?
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