DRA 1.07% $1.85 dra global limited

Ann: 2021 Half Year Results Presentation, page-7

  1. 103 Posts.
    lightbulb Created with Sketch. 29
    Why so cheap? @madamswer
    Also they were meant to IPO with 84m shares right? And went with 52m?
    e.g. buying back in $50m shares (32m - so like essentially 25%)? now mgt is buying more shares back.
    why ipo anyway? is covid -timing to blame?
    as you say, adjusted ev/evit is perhaps~4x
    also given the focused on operations - this should be way higher.
    https://hotcopper.com.au/data/attachments/3545/3545832-b3be98073c0ff7908ad1880fa172b886.jpg
    Compared to comps...it is very cheap.
    Similar to Fluor, however based on GP%/EBIT margin should be higher.
    https://hotcopper.com.au/data/attachments/3545/3545839-901c4878e555e21a32b3ed5f30780152.jpghttps://hotcopper.com.au/data/attachments/3545/3545840-41bf6cb4bd5c359aa3618b6422141cdd.jpg
    very interesting thanks for posting.

 
watchlist Created with Sketch. Add DRA (ASX) to my watchlist
(20min delay)
Last
$1.85
Change
-0.020(1.07%)
Mkt cap ! $102.5M
Open High Low Value Volume
$1.86 $1.86 $1.85 $148.4K 80.19K

Buyers (Bids)

No. Vol. Price($)
1 400 $1.84
 

Sellers (Offers)

Price($) Vol. No.
$2.20 1500 1
View Market Depth
Last trade - 12.02pm 12/07/2024 (20 minute delay) ?
DRA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.