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?
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The equation;EBITA $20m (& growing)Multiple of say 5.5 X (this...
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Last
$3.15 |
Change
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Mkt cap ! $91.33M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7 | $3.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.48 | 9326 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7 | 3.160 |
1 | 5743 | 3.110 |
1 | 333 | 3.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
3.480 | 9326 | 1 |
3.500 | 5000 | 1 |
3.950 | 20000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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