This is why PG is keen to focus the discussion on EBTDA rather than EBITDA (when interest is probably the key ingredient that could break the camels back) (D and A are easy - the software and IP are worth zilch, or maybe zip, so a big right-off, especially re all the dinky die little outfits zip spent way too much of opm acquiring - simply in order to look suitably global - More smoke & mirrors.
A report filed by our correspondent PB in the Soweto, South Africa, office - the worlds commercial hub.
I told you good time to buy, page-1564
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