Still, Mr Montarello said he remained disappointed in ThinkSmart’s current market valuation considering the success of the company’s business model.
“Our share price currently trades at about 4 times underlying EBITDA, compared with an average of 8 times in the diversified financial services sector. We remain committed to seeing that the group’s strong performance receives the recognition it deserves.”
50c on the bid now.. very few sellers
TSM Price at posting:
50.0¢ Sentiment: ST Buy Disclosure: Held