Short Term Trading Week Starting: 5th Sept, page-445

  1. 545 Posts.
    lightbulb Created with Sketch. 24
    STTCOMP TAG, FA LONG
    MC $5.5M, SP 4.4c
    Shares on issue 124,328,175


    Tag Pacific Limited (TAG) is a Sydney-based investment Company focusing on the power industry (and mainly Solar projects). TAG invests primarily in MPower Group, a wholly owned subsidiary, and operates in two major segments which are power investments and property investments.

    Mpower has $56m in revenue, and on a normalised basis made EBITDA of >$1m
    As such trading on <0.1x revenue and 5x EBITDA

    mpower will likely be a beneficiary of this surge in investment.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.