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Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by RegularJoeon Dec 04, 2015 11:00am
65 Views
Post# 24354488

La Wango

La Wango Back to the buyback talks eh, I will explain my opinion 

100 million shares = 5 million dollars
100m / 345 million shares = 29 percent buy back
.05x1.29= .065 per share

vs

5 million dollars = (tonkawa type placement) 500 machines 
6 million revenue / 5 million ebitda
5 million ebitda / 345m shares = .015
.015x 6.7x ebitda = .1005 per share
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