CCR 2.13% 24.0¢ credit clear limited

the company would be silly to sell out cheap.... please remember...

  1. 1,460 Posts.
    lightbulb Created with Sketch. 222
    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
    Last edited by davo128: 03/08/23
 
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