RE:11X EBITDA for fishnets? Is this real?
Average EV/EBITDA multiple is 13.9x and the median EV/EBITDA multiple is 13.8.
So, roughly a $380 million fair value which is about $4.70 per share.
Apply a 20% annual growth and its even hugger at roughly $6 per share..
The shorts were caught with their pants down
load up at these prices