IBN 0.00% 2.0¢ ibuynew group limited

Ann: Flight Centre Invests In BYOjet Group, page-30

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  1. 865 Posts.
    the only EBITA figure I can find from company recent announcement was information related to March 2015:
    "The Directors of DVI can now provide further information on the size of this operating profit which totalled approximately $290,000 for the quarter ended 31 March 2015"

    currently quarter's revenue was not materially different from that March 15 Quarter, that's call it 10% increase in profit, so
    290,000x1.1x4x6=7.6mil - 2.5mil already paid = 5.1mil/2 = 2.55mil - 1.5mil convert notes = 1mil to DVI pocket.

    FLT's 70% = 7.6mil, then DVI's rest share = 1.8mil.

    DVI has 1.4mil in the bank including FSA's share, and nothing else, not sure why still trading above 2c.
 
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