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5.26%

40.0¢ straker limited

Ann: FY24 Annual Report, page-17

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reecevan

263 Posts.

36

01/08/24

10:50

Post #: 75021947
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Originally posted by madamswer: ↑

"Do you not think the business model is broken?"

If you are asking if I interpret from the share price that the business is broken, then the answer is no. I don't take my investing cues from what a share price is doing at any given point in time.

What I think is that it's a business having to undertake a degree of internal adjustment in the face of some macroeconomic headwinds, but that's different to being broken.

So what I see is a business whose managers have meaningful shareholdings alongside mine and which is doing ~$50m of Revenue at a Gross Profit Margin well in excess of 60%, and EBITDA of $4m.

Feels like a business which should be valued meaningfully higher than just the current $13m EV.

.

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sorry i wasnt able to "reply" my response which was posted on the 29/7. Do you have any thoughts?

STG Price at posting: 44.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 40.0¢		Change 0.020(5.26%)		Mkt cap ! $25.73M

Open	High	Low	Value	Volume
40.5¢	41.0¢	40.0¢	$10.56K	26.20K

Buyers (Bids)

No.	Vol.	Price($)
1	1307	39.0¢

Sellers (Offers)

Price($)	Vol.	No.
42.5¢	50	1

View Market Depth

No.	Vol.	Price($)
1	1307	0.390
1	5000	0.385
3	22000	0.375
2	56282	0.370
1	1400	0.360

Price($)	Vol.	No.
0.425	50	1
0.435	11311	1
0.440	8270	2
0.450	10000	1
0.480	1850	1

Last trade - 12.49pm 10/10/2024 (20 minute delay)

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