M8S m8 sustainable limited

Moving Forward, page-19

  1. 60 Posts.
    lightbulb Created with Sketch. 17
    with pleasure. I would guess the valuation was done by a friend of Tom’s. To give foundation to that valuation being vastly over inflated, Perth Waste was sold to Suez in 2017 for $64 million. That including a huge material recycling facility for domestic and general waste in Bibra Lake. With new sorting and recycling machinery installed. A large transfer station on the same site, term contracts with 11 Perth councils for domestic waste collection, a fleet of trucks including side lift, rear lift, skips and hooks and a fully licensed and working class 3 landfill facility in Nrth Bannister with composting and green waste capabilities. $56 million for Gingin (not Gin Gin) is ridiculous but in keeping with the M8 party line. A more realistic valuation would be half that. Hope that helps and great to have an actual question. Did you see the just released balance sheet, absolute disaster.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.