When the price of an acquisition is too good to be true it sometimes is I guess?

Would be bad if the acquisition did fall through.

[held]

Doing a quick summary here....

Vysarn is at 154m market cap with NPAT of 7.96. This is now at PER of 19.4x

Revenue grew only 17% versus 40% in the previous year. Although this was from a higher base than FY23

Also corporate expenses ticked up 720k more than last year.

Can understand why it was sold on the news.

Much of the upside now hinges on the implementation of the water supply business in WA

[held]