Ummm ... they have say 150 million shares on issue so say 33 cents on that basis.
Although larger competitors are on lower EBITDA sp 6 times would be around 29 cents.
For a stock this size discounts are not uncommon. Partly depends on how highly the market will rate any growth potential. From the base EBITDA there is 20%+ uplift from savings over 18 to 24 months before any organic growth. I say 24 months as they have stated the savings will be achieved over 18 months. Hence at least some of them won't impact finanicials for 2 years.
Needless, 2012 will be a goog growth year.
finallly..., page-2
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Last
$1.33 |
Change
-0.070(5.00%) |
Mkt cap ! $1.565B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.31 | $30.28M | 22.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 300000 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |