RE: IHeartMedia Merger8 Oct 2025 10:36
I think Cavendish price is achievable , my previous post
As Audioboom’s platform scales, it is developing its attractiveness in the podcast M&A market, where transactions by private equity, mega-cap tech, and audio tech peers have taken place at 2-10x EV/Sales"
"We value Audioboom at 1,300p based on 3.6x FY26E EV/Sales"
Why only use FY26E revenue and only 3.6x? If they can deliver $150m revenue multiplied by 4x or 5x you could get over half a billion market cap if this was listed in US. Why would they take some low ball offer now? Or let the share price do its thing and relist in the US now it is getting all the attention