GAP 4.17% 11.5¢ gale pacific limited

I guess this kind of thing, in the context of the announcements...

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    I guess this kind of thing, in the context of the announcements made today, demonstrates why this company is unlikely to ever trade at any valuation multiple that is not deeply discounted.

    10x P/E and 5x EV/EBITDA.

    Probably deservedly so.
 
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