$2.30 / share is a EV/EBITDA multiple of 10.3 based on TLT's 2017 AR
Applying that multiple to Infigen shares I get 88c (also using 2017 AR numbers)
And if i incorporate Bodangora earnings I get 115 - 120c, which is where i hope to see the share price by end of the calendar year.
Good luck holders,
MS
What is IFN worth to Brookfield, TCI?, page-8
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