VOR vortiv limited
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Ann: New agreement with Central Bank of India, page-3

  1. trcb
    258 Posts.
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    15/03/22
    09:39
    Post #: 60192877
    You read the announcement WRONG!!

    Its much better the business already does $45m in revenue with EBITDA of $9.5-10.5m this is an INCREASE of $25-30m revenue and EBITDA of $11-13m per annum.

    That makes this business REVENUE of $70-75m and EBITDA of $20.5-22.5m PER ANNUM!!

    Plus the potential of Dividend and additional ATM licences....

    This should be trading closer to $100m Market Cap and then some
    VOR Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 5  Great analysis
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