the company would be silly to sell out cheap.... please remember credit corp listed in what year 2000 was it ?
23 years later credit clear under 5 years old listed. listed at 35 cents ran to over $1 raised in the low 40s twice and now 23
Heaps of cash and trading less than 3 times last 12 months revenue. On that basis alone it should be trading closer to 28-30. Clearly they hit a few walls with overseas opportunity and revenue in to scale.
But if they get this going no reason why it can't be 100 M rev business within 3 years and on conservative 3 times revenue in bottom of the market valuations 80c-$1 and upside north of that.
If they take an offer under 50 cents they be doing LH shareholders a disservice as well as there own pockets..
Just my opinion. DYOR
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the company would be silly to sell out cheap.... please remember...
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Mkt cap ! $100.2M |
Open | High | Low | Value | Volume |
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3 | 118995 | 0.230 |
2 | 20204 | 0.220 |
1 | 3548 | 0.215 |
1 | 4000 | 0.210 |
Price($) | Vol. | No. |
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0.245 | 3504 | 1 |
0.250 | 20000 | 1 |
0.260 | 28750 | 3 |
0.265 | 60000 | 1 |
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