RE: Nice clean bounce off 25028 Nov 2023 11:36
Oh...
Can't see what in the results is a surprise, but GBG is a traders plaything (so what doesn't break up must breakdown)
What will fcf next year be? (£50-60m?)
What average year-on-year growth? 5-10%?
If that happens then an EV of £700m looks cheap imv
But clearly EV of £600m (sp c £2) would make an even better play