5GN 1.72% 14.8¢ 5g networks limited.

When you remove circa $35M MC from 5GN MC being for WCG stake...

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  1. 4,872 Posts.
    lightbulb Created with Sketch. 5649
    When you remove circa $35M MC from 5GN MC being for WCG stake equates to knocking 31c off the 5GN SP = $1.10 equivalent.

    Prior to today's rise 5GN was effectively trading at 98c.

    The revenue from approx. half of WCG is circa $30M pa & $4M EBITDA. Add that to the $60M 5GN revenue & $6M EBITDA = $90M revenue & circa $10M EBITDA before cost saving synergies.

    5GN MC = $159.3M / $90M = x1.77 revenue multiple & $159.3M / $10M = x15.93 EBITDA multiple.

    Undervalued by factor of x2-3 range.
 
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