FLC 8.70% 12.5¢ fluence corporation limited

Ann: Strategic China Partnership to Deploy Treatment Plants, page-65

  1. 3,899 Posts.
    lightbulb Created with Sketch. 1273
    I'm sure some of you saw this short article.
    http://www.cairnspost.com.au/busine...p/news-story/429fc17a0505c530912d2edb2fa61add
    It may be short but the numbers are mind blowing.
    If I recall correctly in one of the company's slide decks, acquisitions in this space are done at a multiple of something like 15x revenues.
    Do the math - USD130m at a multiple of 15 puts a price of about USD1.95bn on EMC as a potential acquisition.
    Does that translate to an AUD8 or AUD9 share price?
    Sorry, but the thought makes me woozy, affecting my ability to perform accurate calculations.
 
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