Well put Adam
A couple of things. You talk about an EV of $240m on $60m EBITDA in a couple years. With net debt of $70m you state mkt cap of $140m - think you mean $170m.
Also, I suspect you are being conservative on FY15 net debt. Among other things there is no benefit for a release of working capital. At the half year they had receivables of $52m and payables of just $17m - a surplus of $35m. Also receivables have barely moved despite the reduction in sales. I suspect there is an easy $10m to be gained here over the next 12 months.
Anyway, I own (quite) a few shares in BOL. Is there anyway I could contact you outside of this forum? Would be interested in having a chat sometime.
Well put Adam A couple of things. You talk about an EV of $240m...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.80M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.3¢ | 14.0¢ | $22.78K | 162.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101179 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 278210 | 4 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| BOL (ASX) Chart |
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