Jul. 2 at 7:58 AM
$BALY market cap is just under 550 mil. Enterprise Value before this deal was right around 3.75 billion with over 3 billion in debt, making their EV/EBITDA ratio pretty high. BUT, now that we have this USD
$3.18 BILLION deal (mix of cash and new shares), WITH BALLY’s CEO also becoming the CEO of Intralot, they could continue to benefit from their International Interactive that they sold. They will lower their debt and/or keep a substantial amount of cash, which would lower their EV/EBITDA ratio, making their current SP undervalued and BALY becomes very attractive to more investors. Don’t wait and get in while it’s under
$20!! This could get back to the
$60’s where they were in the past. 🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾
