GFI
"In the half year ended 31 December 2017, Green Forest earned salesrevenue of $25.1 million and a profit before tax of almost $2 million."
Let's assume 0 EBITA for the other half year, based on 10-15x EBITA should be about 20 - 30mil MC if it is a listed company.
I'm sure Green Forest EBITA will increase significantly and we have to issue 2.35mil worth of shares to them. It's not much. Previous CR was about $6 mil.
Sunnya
Only maximum of 800k worth of shares will be issued for <2.9mil EBITA. Didn't mention what happen if EBITA exceeds 2.9mil
So I don't see the held back has been due to the shares earnout.
Good thing is we only give them one earnout. Nothing after that
GFI"In the half year ended 31 December 2017, Green Forest earned...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add JAT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
34.5¢ |
Change
-0.015(4.17%) |
Mkt cap ! $58.28M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 34.5¢ | $13.27K | 36.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8948 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 9426 | 1 |
View Market Depth
| Last trade - 14.36pm 29/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |
