Its a 40% holding for LBL not 48% is my understanding
$5.6M Ebitda * 40% = $2.24 M EBITDA
$2.24 * 4.5 EBITDA = 10.08 M to be funded by equity and cash .
THey had 10.2M in cash on the books at the end of December guess there is $10.8M by now .
they need 4.8M left for working capital so they can suck out $6M to pay the vendors .
that leaves around $5M in script needed IMHO .
Its a good outcome paying around 4.5 * EBITDA when most PLCs are probably 10* EBITDA .
Would have been nice to see some pretty pictures of the new business .
Its a 40% holding for LBL not 48% is my understanding $5.6M...
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Last
68.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $79.39M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 69.0¢ | 68.0¢ | $25.90K | 37.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11483 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 35153 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
68.0¢ |
Change
0.000 ( 0.73 %) |
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| Open | High | Low | Volume | ||
| 69.0¢ | 69.0¢ | 68.0¢ | 2323 | ||
| Last updated 12.41pm 24/05/2024 ? | |||||
| LBL (ASX) Chart |