Batm Advanced - A New Beginning

One or two (amateurish)comparisons with Redback, as I read it, their revenue for the last 4 quarters (ie Q4 last fin year and Q1,2,3 this year are $m 47, 58, 67, 70. Total $242m. If they stayed at $70m for Q4, then FY total would be $265m - lots more than the $153m stated above (which was previous financial year.) A growth of c. 75% in fact. Therefore, purchase price of $2.1b is a multiple of 8 x revenue.

Using same multiple for BATM gives a "value" of about $560m. Current Mkt cap is about $220m (depending on £/$ rate)

So if someone like Ericson wanted to pay a similar "high price" they might value it at 75p. I'd take that, would you?. Would the Dr.?

HOWEVER - as I read it, Eric paid a premium of only about 20% over previously prevailing price. And how much has BVC gone up? About 20%!

I may have got this all wrong. I invite comments and clarifications. Also, can anyone provide an objective comparison of the "leading edge-ness" of BATM products vis-a-vis Redbacks?