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1,688 Posts.
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22/09/17
13:56
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Trader- I just read that CM8 listed in 2015 at 20 cents, which then represented an ebitda multiple of 7x.
It's currently trading just above that listing price on an ebitda multiple of around 4x, two years later with higher profit and a stronger business
So it should be a no brainer buying at these levels.
In your opinion, where is the next price resistance point and when does it take a breather? I am not very good with charts
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