THEPENNYGURU
I have have to support your sentiments.
Simple terms 2012 EBITDA will be around $20m at a sell multiple of say 5.5 that values the business at $110m at that stage they should have around $30m at least in cash on hand. If they get say $5m from Hoffmeister then the total enterprise value is $145m Less the A Class at $1.20 thats $33.6m that leaves the ordinaries with $111.4m or $3.30per share.
I think this horse has a long way to run yet!
Go Trojan, at least you have put some fire under the SP. I just would have thought there would have been more support for the A Class shares to move higher.
go cmi..., page-2
Add ECL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.07 |
Change
-0.030(0.97%) |
Mkt cap ! $89.01M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.10 | $3.07 | $17.17K | 5.564K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2483 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 5000 | 1 |
View Market Depth
| Last trade - 12.07pm 28/06/2024 (20 minute delay) ? |
| ECL (ASX) Chart |