AMA 1.49% 6.6¢ ama group limited

Ann: Acquisition of Additional Accident Repair Centres, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,936 Posts.
    lightbulb Created with Sketch. 1554
    "the more knowledgeable people on HC. Any thoughts om today's announcements? Thanks"

    Not that I am for a second that remotely resembles "knowledgeable", my thoughts are based on mere simply maths:

    They've added some 6% to their current EBITDA for a consideration equal to just 1% of their Enterprise Value. Very nice.

    That's what paying 2 times EBITDA does for you. [*]

    (It's the old private-to-public market valuation multiple arbitrage... a lovely thing while its available. Not sure its the kind of business I'd necessarily rush to own once the roll-up is completed.)


    [*] One has to wonder what is going on inside the minds of the vendors of those businesses
 
watchlist Created with Sketch. Add AMA (ASX) to my watchlist
(20min delay)
Last
6.6¢
Change
-0.001(1.49%)
Mkt cap ! $286.9M
Open High Low Value Volume
6.4¢ 6.7¢ 6.4¢ $214.0K 3.275M

Buyers (Bids)

No. Vol. Price($)
4 145752 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.6¢ 154026 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
AMA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.