TER 4.76% 20.0¢ terracom limited

Ann: Maiden Dividend, page-39

  1. 3,955 Posts.
    lightbulb Created with Sketch. 184
    Close to $100mil in cash sitting in our kitty and market value is $168m
    Debt of around 140mil

    EV of $200m

    Ebitda around $60m from TER alone and 20% from UNV (approximately 8mil)

    EVE/EBitda ratio of 3

    Minimum dividend of 2c per yr.

    Just a little mind boggling. I'm guessing either a share buy back or special dividend when BNU sale is finalised.
 
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