Multiples are in brackets. –? If cash flow expected to remain level in perpetuity, the implied valuation is [1/.08] x $1.5 = 12.5 x $1.5 = $18.75 million –? If cash flow expected to grow 4 percent annually in perpetuity, the implied valuation is [(1.04) / (.08 - .04)] x ...
The Company has made the first payments on account for tax due under the new EGL. In doing so, the Company has taken advice on the way in which the EGL should apply to its diversified portfolio of assets, including some that pay for feedstock. The legislation is new and there is a mod...