GXH - Green Cross Health (formerly PHB - Pharmacybrands)

[percy]

Percy - Ebos tend to not pay over the odds do they?

Well buying GXH on a PE of 12.9 while their [EBO] PE is 21.19 would be seen as eps accrective.
EBO's 40% shareholder Zuellig, already is a joint holder with Andrew Bagnell via Peter Merton of control of GXH,so it would depend on either Andrew Bagnall wanting to sell,or EBO,Zuellig making an acceptable offer to Bagnall.
I have always thought Bagnall, with his interest in planes and cars, would be happier having a large holding in TRA.
Interesting things happening in Australia, with The Chemist Wholesale putting their supply wholesaler/distributor up for "tender".
The fun would be if Ebos won that agreement/contract.