I suspect it comes down to a discount to account for the probability of CCG not meeting their FY24e guidance. So the question becomes, how likely are they to meet or exceed that guidance for $7m EBITDA? And perhaps a secondary question, is an 8x EV/EBITDA multiple fair in the current climate, noting that multiples have fallen a touch over the last 12 months?
CCG AX - Strategic review announced today, page-2
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Mkt cap ! $21.91M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 156562 | 5.6¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 121972 | 1 |
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