Big news - Comms Group announced a strategic review today. They are guiding to $7m of EBITDA for FY24e. Assuming a 8x sale multiple (in line with recent peer transactions), that equates to a $56m enterprise value. Deduct $8m of debt outstanding and that is a market cap of $48m, or a share price of 13c vs. 7.2c today (81% upside). What am I missing??
https://www.arnnet.com.au/article/707737/comms-groups-kicks-off-strategic-review/
Big news - Comms Group announced a strategic review today. They...
Add CCG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.91M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 156562 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 121972 | 1 |
View Market Depth
| Last trade - 16.12pm 21/05/2024 (20 minute delay) ? |
| CCG (ASX) Chart |
Day chart unavailable