Consensus community valuation
Active Member Straws
#Vault trading halt
Added 4 weeks ago

Both Vault and Damstra went into trading halt this morning pending a 'proposed corporate control transaction by way of a scheme of arrangement'. So, presumably Damstra is taking over Vault.

The FY2020 ARR for DTC ~ $23,000,000 and VLT ~ $12,300,000. So, their current run rates are not dramatically different.

Yet, Vault currently trades on a Price/ARR of roughly 3.5x, while DTC is on a Price/ARR of 8.25x.

Vault shareholders will be hoping that Damstra pays a significant premium for control.




Read More