Very easy for NPV to be only 5x EBITDA once you account for discount rate, which at 8%pa discounts year 2 by 15%, year 4 by 26% and year 6 by 37%. Even more for an IRR of 10%. Then you of course have tax at a nominal 30% of positive earnings.
That therefore values the PV of year 6 at just 44% of its forecast EBITDA. Year 10 worth just 33% of its forecast EBITDA.
Ann: Trading Halt, page-322
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Last
$3.26 |
Change
0.150(4.82%) |
Mkt cap ! $9.606B | |||
| Open | High | Low | Value | Volume |
| $3.18 | $3.27 | $3.16 | $47.19M | 14.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 87470 | $3.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.26 | 97993 | 10 |
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| Last trade - 13.12pm 14/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |