That's right. The EBITDA for the next 5 years pumps out cash. No interest as no loans, no tax as carried forward losses and D&A is a non cash line - it's a symphony ! Cash machine with SAAS earnings in mostly US dollars. It's clear to me one day M7T will be taken out for a much higher multiple than they are trading on - but we don't want them taken out yet. 32,000 short of my 1.5M target holding. Read an article today advising diversification is what investors should employ as a strategy so with just FID and M7T in my portfolio I might look for a 3rd stock to buy in the coming years. You only need to buy one stock a year except in leap years.
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