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Sotiel, page-9

  1. 222 Posts.
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    Thanks for your response. Not sure that I disagree with anything you say. With respect as to the purchase price of MATSA I note from their presentation at the time of the purchase that they were paying 4.8 x 2021 EBTIDA and the average price of peers was 5.4 x EBITDA. Maybe they could have got a better deal but I think their current share price reflects much more than being “punished” for overpaying - a lots happened since then.
 
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