WAF 1.54% $1.32 west african resources limited

What am I missing here? Is the sovereign risk the key?$241...

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    What am I missing here? Is the sovereign risk the key?

    $241 profit + $86 (depreciation from Annual report) = $327 EBITDA give or take.

    This is therefore trading at an EV of 2.8x EBITDA??

    I know there is some funding facilities but assume this will fund assets anyway, not working capital.

 
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$1.32
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$1.29 $1.32 $1.28 $13.52M 10.56M

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No. Vol. Price($)
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Price($) Vol. No.
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
$1.32
  Change
0.020 ( 0.92 %)
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