BIG burrendong minerals limited - withdrawn
Add to My Watchlist 0.00% ! $2.22

When purchased, BHA was forecast to have $3m revenue & $0.5m...

Currently unlisted. Proposed listing date: WITHDRAWN
  1. retiredyoung
    8,751 Posts.
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    02/07/18
    19:43
    Post #: 34092348
    When purchased, BHA was forecast to have $3m revenue & $0.5m EBITDA (The acquisition is structured at 4 x EBITA excluding synergies) and Intermedia Group Hospitality was forecast to have $6m revenue & $1m EBITDA (The acquisition is based upon a valuation of $4m which is 4 x EBITDA).

    They now appear to be selling them for $1.5m, is that 4 times their FY2018 EBITDA ?
    BIG Price at posting: $2.22 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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