The equation;
EBITA $20m (& growing)
Multiple of say 5.5 X (this is about average to low)
Valuation $110m
No debt and $16m in cash
Vendor loan of $17m written down to $8.5m (due in October)
Conservative Value $110 + $16 + $8.5 = $134.5m
A Class minimum price $1.20/share = $33.6m
Remaining value $100.9m
Ordinaries outstanding 33.752634m
per share = $2.99/share
This excludes and transaction costs or the execution of Directors option (which would drop it by $0.4c)
Surely the market can see this now?
But who would buy it?
will this stock jump today ebit +1025%
Add ECL (ASX) to my watchlist
 (20min delay)
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Last
$3.06 |
Change
0.000(0.00%) |
Mkt cap ! $88.72M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 651 | $3.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.48 | 9326 | 1 |
View Market Depth
| Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
| ECL (ASX) Chart |
Day chart unavailable