one of the quite performers, 20$m in bank finance means a bit...

one of the quite performers, 20$m in bank finance means a bit more debt but with a PE ratio of 3 of the acquisition it will pay for itself in 3 years. Plus it will almost double TOX profit margin and no existing capital raising expect this to be $3 in no time or it might take a bit longer. The one thing i would be interested in is the interest rate on the bank finance say $25m or is it $20m being borrowed. An interest rate of 10% would have a $2m per year interest chare offset by $8m in EBITIA so thats $6m clear profit extra per year still and its still flying low volumes just punched through $2.05 we might even see $2.50 today as a high