pe less than 4

What a market!!

CKR (wine) announces a $7.1 NPAT and the share price goes nowhere. This gives it a PE of less than 4.

The company has been signaling this result for eight months. Of course who believes it? The share continues downwards from 13c in January to 8.7c now.

The CEO recently bought 500000 shares, and the price holds.

Yes, I own them. If only I had the dough -lol- I'd buy more.

As they say, In vino veritas.

DYOR