RE:RE:RE:Record Second Quarter 2021 Results and Provides an Update My guess is to get the float down as low as possible, eliminate debt, provide a good dividend with limited cash flow and sell when someone comes knocking with an offer they can't refuse. Look at slide 15 in the apendix of the new brief. First mention of valuation compared to recent acquisitions. At 3.5 percent multiple to cash flow they are saying 3.25 per share. At fy 23 FCF of 320m looking at 4 bucks a share. Still low, but they like to under promise.
thoughts?
PJ