MSV 0.00% 40.0¢ mitchell services limited

Ann: Update - Notification of buy-back - MSV, page-3

  1. ew1
    229 Posts.
    lightbulb Created with Sketch. 53
    It is trading on < 2x EBITDA, so bought some more today, i guess others did as well....
    My only concern is around how they beat the June'23 qtrly numbers of 15m EBITDA - unless EBITDA is skewed to Q4?
    Is there anyone that can confirm that? Possible given its renting out its fleet there is a clause which allows recognition of income upfront for the following year?

 
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40.0¢ 40.5¢ 40.0¢ $33.32K 82.93K

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41.5¢ 64093 1
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Last trade - 15.44pm 24/05/2024 (20 minute delay) ?
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