GREY:LGLTF - Post by User
Post by
alister33on Nov 24, 2014 10:56am
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Post# 23157975
Do the math ? read between the lines
Do the math ? read between the lines Loyalist Announces New $18.5 Million Credit Facility
Loyalist will pay $8.1 million for Uhak, of which $5.3 million will be paid in cash
Still leaving Loyalist with 13.2 Million Credit Facility for more mergers, acquisitions ?
"The additional capital provided by the new credit facility will allow us to fund our aggressive growth and acquisition program," said Chief Executive Officer Andrew Ryu. "We believe the avility to obtain a facility of this size signifies a new phase in the maturation of Loyalist."
You do not arrange 18.5 mil when you only need 5.3 mil it must mean more to come
analyst may have to evaluate upside here now........Uhak has positive revenue and the free trade deal just started
Jacob Securities November 29,2013 time to update We are maintaining our price target of $1.25 per share which is based on applying an EV/EBITDA
valuation multiple of 12.5x our revised FY2014 forecasts.
GLTA