Businesses that are valued on the basis of a multiple of their profit (or Earnings Before Interest and Tax)
Given the weighting of the last 2 years adds $386k to the average with the previous 8 years (being $444.88) a more realistic valuation of $2.20m comes to mind. Especially since last year's results (2021) included government stimulus. So MD's offer is $0.7m too low and Nash's is $0.8m too high.
Also, this is from the half-yearly report Wholesale division: Despite a continued focus on cost savings, the decrease in sales along with a small decrease in margins resulted in a $364,000 (30%) decrease in the profitability of the segment.
This year's profit could be only $1.3m
Businesses that are valued on the basis of a multiple of their...
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Mkt cap ! $3.56M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $100 | 20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2261593 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 2658752 | 7 |
View Market Depth
| Last trade - 10.04am 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 47059 | ||
| Last updated 15.06pm 03/05/2024 ? | |||||
| MOM (ASX) Chart |