DDH ddh1 limited
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Devico acq by Imdex - Directional Drilling

  1. CaptainBarnacles
    11,622 Posts.
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    23/01/23
    11:02
    Post #: 65827801
    Imdex paid 12.8 x EBITDA for Devico. One strength of Devico was their Direction Drilling and DD IP and product offering.

    This might imply a considerably higher value for DDH's IP (for a start) and prospects. Anybody have any thoughts about this?
    Last edited by CaptainBarnacles: 23/01/23
    DDH Price at posting: 91.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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