RE:RE:i love s My target, if you are asking anyone to respond, is 3.5x 2023 Ebitda excluding all cash, even C$, is $3.50, min. This thing has traded on a forward EV/EBITDA multiple closer to 5x, so if it catches up to the historical average, which it will as the FCF cannot be ignored, it will be at $4.30.
At $0.57, excluding all cash, and taking into account the note re-purchase, it is trading on 2023 Ebitda at .65x. Something for nothing.
My analytical opinion/work for what it is worth for you guys.