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Friday, June 13, 2014 2:58:43 PM
Applying this to Ameramex would imply conservatively about 12cents a share assuming Niger business at $70m p.a and normal business at 12m p.a, total 82m divided by 660m = 12 cents. However this takes no account of future business prospects. If this Niger contract is successful, Ameramex might be perceived as a company with the potential for strong future growth, in which case the multiples could be much higher.
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