JAN 5.26% 30.0¢ janison education group limited

Nope, $12M last year for EA. Sorry $7.6M from ICAS, not $7M. I...

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    Nope, $12M last year for EA. Sorry $7.6M from ICAS, not $7M. I think Janison might combine ICAS and REACH to make it one product. REACH was a failed attempt by the previous owner of EA to go digital, but the lead times were too long.

    https://hotcopper.com.au/data/attachments/2388/2388948-c4da2a1cbc57dba36786150c01419341.jpg

    I honestly can't believe Janison got away by paying EA $722K. A UNSW Global subsidiary that generated $12M in revenues last year was bought for $722K as pricing was affected due to COVID. Talk about a bargain right there That's acquisition 101, underpaying for a quality asset, and ICAS is quality.

    https://hotcopper.com.au/data/attachments/2388/2388954-f3c990a6622fa503136d7cdf4d81d265.jpg

 
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