I must say I am very surprise that GSW’s share price is holding up so well, considering that the shares are still being valued at 55x yearly revenue, while even the best growth shares on the ASX (like CSL) only trades on 40x earning. When you are not sure about what money are in the bank, there is a lot of value being placed into deals that were announced almost a year ago, and as of March do not appear to have produced any revenue.
GLTAH, hope your other shares are doing better
- Forums
- ASX - By Stock
- GSW
- 100 bagger ?
100 bagger ?, page-549
-
- There are more pages in this discussion • 173 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)