ASX:OMLMedia
oOh!media (ASX:OML) Shares Hover Near Bid As Margins Fray
oOh!media shares closed at A$1.66, sitting just below the proposed A$1.70 a share takeover price, yet the real story sits inside the earnings print. H1 revenue came in at A$340.9m while the company reported a small loss, as weaker gross margins and softer billboard performance bit into profitability.
The short term picture is about that squeeze on earnings. The longer term question is whether the cash flow profile and premium P/E multiple can support the takeover case and, if needed, life...