SIG 1.17% $1.30 sigma healthcare limited

Ann: Sigma Healthcare Proposed Merger and Equity Raise Briefing, page-76

  1. 878 Posts.
    lightbulb Created with Sketch. 45
    Why would SIG current management agree to buy the businesses at 10 to 15 times profit earnings when chemists usually sell for 3 to 4 times profit earnings ie 3 times the price of amsuch businesses? It values SIG at ZERO VALUE imo
    DYOR

    Slater and Gordon did it years ago but as a listed company it did not work.
 
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