The stock is undervalued... It is largely because it is not on the markets radar...
It didn't deliver on prospectus forecasts which is a major sin however has shown improved performance.
Great cash flow.
The issue is for investors looking at buying in is that winter in NSW has just arrived so their sales during this period may be impacted which I believe is factored in the share price recent drop.
They have not issued a market update as yet which is positive all be it they may be waiting for more of June trading...
Long term no issue as it is not trading anywhere near its intrinsic price.
Breakout, page-9
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)