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16:48
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Originally posted by Grant62
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The St Davids acquisition multiple was 8.97x EBITDA. Call it 9x although this is down on the near 18x f17a normalised EBITDA that was paid for Paris Creek..
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I don’t follow your comments on the cash. They said they were raising it spend it on working capital, marketing etc. Stands to reason they did what they said and spent it. probably had some big invoices to pay which is why they raised the cash through placement.
