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MaxzMillionz

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MaxzMillionz

Re: Tante Duracel post# 1497

Monday, 03/06/2023 8:43:56 PM

Monday, March 06, 2023 8:43:56 PM

Post# of 1675
Mark has a responsibility to the investors of both companies, so the aquisition price will need to be justifiable. A rule of thumb for a buyout is 8x EDITDA. Using 2022 financials that would be about $0.18/share. It makes better sense to continue to turn the company around and get the EDITDA numbers up before entertaining a buyout.
JMHO

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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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