ST1
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7.55% 5.7¢ spirit technology solutions ltd

Looks worth a bet

  1. BigLeon
    759 Posts.
    lightbulb Created with Sketch. 24
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    28/06/16
    16:00
    Post #: 18142723
    My wife just bought ST1 shares today - look pretty good. Advantage over NBNCo (faster), Business model easy to replicate, currently profitable. Lots of apartments going up in the South Yarra-South Melbourne-CBD area. Lots of Gen Y's who demand fast internet.

    My personal experience with telcos just turned profitable are good: BGL and AMM have both been multi-baggers.

    I think these guys could turn into a cash cow as they grow, and other wired buildings are an easy bolt on. $16M seems reasonable as a current valuation for a company with these growth prospects.
    ST1 Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
5.7¢ 		Change
0.004(7.55%) 		Mkt cap ! $105.1M
Open High Low Value Volume
5.7¢ 5.7¢ 5.7¢ $3.487K 61.18K

Buyers (Bids)

No. Vol. Price($)
1 278000 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 79999 1
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Last trade - 10.09am 27/09/2024 (20 minute delay) ?
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