CM8 5.41% 3.5¢ crowd media holdings limited

Ann: Becoming a substantial holder, page-17

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  1. 19,194 Posts.
    lightbulb Created with Sketch. 598
    Sorry to hear about the timing.
    Double down at 14c and out at 22c

    IF things keep going like they have been. In 12 months, could be looking at $14m EBITDA and zero net debt. at 30c, would be on EBITDA multiple of 4.7x, and if growing well still, entirely reasonable SP target.
 
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