MCS mcaleese limited
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where is the cash going to come from for a buyback ? stay in...

  1. Baraka
    1,713 Posts.
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    18/04/14
    14:51
    Post #: 13266474
    where is the cash going to come from for a buyback ?

    stay in business capex is running at a figure not much less than ebitda , then you have tax and interest on existing $200m or so facilities.

    private equity guys that sold this must be doing high fives.

    MCS Price at posting: 42.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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