Has anyone taken a look at the Philter Birchal deal? They are valuing at $60m on 8.5m revenue. Apparently using a revenue 6x multiple to get the share price.
I'm seeing $1.5m has been invested at this price, is this dumb money or could we expect a valuation uplift off this if people start looking at us?
GDA was mentioned in the comments of the deal by one investor:
"Agree with the above, that's almost the same cap as GDA (own Gage Roads, Atomic and others) but they make $100m revenue, not $7m."
Relative Valuation - Philter Birchal Offer
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Last
31.5¢ |
Change
0.015(5.00%) |
Mkt cap ! $41.62M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 31.0¢ | $19.35K | 62.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 38083 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 8466 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
0.015 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 31.5¢ | 31.0¢ | 5561 | ||
| Last updated 12.19pm 03/05/2024 ? | |||||
| GDA (ASX) Chart |