Can you explain book value ratio? Note management has warned material impairments will be booked in the half year accounts.
On the ebitda multiple, would you be paying more than 5/6 times for a business of this nature that is at the mercy of the large supermarkets etc, then less the net debt of $300m?
AHY Price at posting:
86.5¢ Sentiment: Hold Disclosure: Not Held