2.1m purchase price ( 1.85m in cash so that is 4 and a half years of ebitia) so PE ratio of 4.5 on the purchase ( thats a very cheap price)
300k$ in tox shares which is neglible amount
seeing as tho the PE ratio of TOX is 22 or thereabouts lets see 400k x 22 = in line with current market cap thats about another 9-10m to their market cap. so with 80m shares on issue its about 15c a share more to the market cap minus 1.8m (or about 2c a share in cash paid for purchase) youre looking at another immediate 10-11c a share upside and whats happened the share is down 12c ( tho on one trade) so straight away we are 20c a share off the 8 ball lol
Ah well combine that with their existing facilities and these guys are worth $4-$5 a share just like that lol
2.1m purchase price ( 1.85m in cash so that is 4 and a half...
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