Think I must of read wrong this morning!,if the final price is...

Think I must of read wrong this morning!,

if the final price is 3x EBITDA then it seems like a fair price.

Missed the part on the final purchase will price will equate to the will equate to a multiple of 3 times FY11 EBITDA less certain agreed adjustments.

Though the contingent component was 3x the purchase price!

"Contingent component to be determined once the 30 June 2011 accounts are finalised, based on an agreed formula whereby the final purchase price will equate to a multiple of 3 times FY11 EBITDA less certain agreed adjustments. Contingent shares will be issued at a 10% discount to the VWAP of REL shares traded over the last 5 business days up to and including 30 June 2011"