Ann: Flight Centre Invests In BYOjet Group, page-12

So am i right in saying this

If last 6 months EBITA is $1.29 million

lets assume 12 months is 2.6 million by multiple of 6 plus having the upside of Flight centres disribution and flow on benefits. This would values BYOjet North of $16 Million ( approx) plus FSA (using same multiple of 6) valued at approx $7 million = $ 23million +

This means anything below 4cents is buying at a discount to todays value without allowing for future growth and potential

Merry Xmas everyone