My quick calcs suggest if EBITDA rises from $14M to $20M, then NPAT is likely to raise from $9M to say $12.3M
But due to the Cassons raising and the big increase in shares on issue from 38 million to 62 million , EPS will fall from $0.24 to $0.20 per share.
So MTO is trading on a PE 16 right now. Perhaps further downside if the sector gets a 'low growth' tag.
So, as we speak, Cassons has provided business scale, but little value to existing shareholders.
Because of the expansion in share base since listing, I think MTO has lost some of its early gloss and I am reviewing my holding.
Gosouth
My quick calcs suggest if EBITDA rises from $14M to $20M, then...
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Last
$3.60 |
Change
0.070(1.98%) |
Mkt cap ! $265.7M | |||
| Open | High | Low | Value | Volume |
| $3.56 | $3.68 | $3.53 | $846.4K | 234.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 417 | $3.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.63 | 7460 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| MTO (ASX) Chart |