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The estimated EBITDA for the fiscal year 2020 is A$51.5 million. The closest range of EV/EBITDA multiples estimated from peer firms varies between 14.8 and

The estimated EBITDA for the fiscal year 2020 is A$51.5 million. The closest range of EV/EBITDA multiples estimated from peer firms varies between 14.8 and 31.2. BAL currently has minus A$35 million net debt and 113 million shares outstanding, which is assumed to be maintained stable. Estimate the share price range for BAL

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