Post by
drunk@noon on May 27, 2015 9:53am
How do they get to an ebitda to market cap of 4.5 times?
Because current market cap is approx 80 mill if overallotmant is excercised ebitda would have to hit 18 mill annualized to hit the 4.5 times forward ebitda fat-so on BNN was talking about. Given their last quarterly results, it seems a long way off. Is there a major agreement to put a lot of machines in one of their jurisdictions?
Comment by
DayOfReckoning on May 27, 2015 12:03pm
Yup, look at all the volume and the price barely budges.... This is institutions sticking it to retail. All the dummy Pavlovian dogs buying what that slimy fat potatohead is selling...