TER 2.22% 22.0¢ terracom limited

make that $10.5m EBITDA - times 12 times 5 is over $600m market cap, page-3

  1. 8,657 Posts.
    lightbulb Created with Sketch. 1431
    My worry is that after the refinancing comes through TER will go off on some speculative new project, e.g. a commodity about which they know nothing, rather than prudently reducing debt ready for the next coal price downturn.
 
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