RE: Big Country Take Out No mention of earnings/ EBITDA but I would be surprised if its anywhere near as good as what Macro reported.
Book value on Macro is $49.5M / 24.1 basic shares or $2.05 per share. x 2.25 would be $4.62
Assuming preferreds get converted that would bring it down to $1.76. x 2.25 would be $3.96
Convertible shareholder loan continues to be paid down so may not have any influence.
More interesting is that Mastec wants to expand in the sector. Are they expecting a robust future?