BLA
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Your correct in the 33% holding, and I think the valuation could...

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  1. capricciosa
    11 Posts.
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    19/04/18
    12:01
    Post #: 32553886
    Your correct in the 33% holding, and I think the valuation could be even lower than the 6-7x EBITDA range. I'd doubt the Bondi store would be worth more than 2x. And for the other stores, retail food is highly competitive and their product is average.
    BLA Price at posting: $3.55 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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