RDF redflex holdings limited
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Great post ! thanks. Interesting to see what happens to D&A...

  1. Fidosnos
    1,317 Posts.
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    14/07/19
    18:25
    Post #: 39514578
    Great post ! thanks. Interesting to see what happens to D&A charges which seems absurdly large. Maybe they are charging the penalty amount in amortisation (call it 'badwill'). Looks like year end EBITDA will exceed $20m, which puts the market cap at a silly 3X.
    RDF Price at posting: 40.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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