RE:rough notes from conference callOut of QUIS but really like to understand this deal before coming back.
It must all be about LedgerPay revs cause adding $50MM debt and 100MM shares in a few days for US$11MM ebitda means ~13c EBTDA per share from the acquisition, so their has to be some high margin and high volume revs anticipated from Ledgerpay (and I know EBITDA will increase just because of the new borrowing but it is insane to include extra finance costs in the framework of the value of the acqun.)
Does anyone know their current ledgerpay revs and margins? And was there any hint of what those might be post-acquisition? I bet the brokers got some figures but they can be assured that hype alone will carry the share price up in the near term to make the $1.50 bought deal very profitable.