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5.8¢ spirit technology solutions ltd

Looks worth a bet, page-5

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webbj

5,020 Posts.

166

28/06/16

22:30

Post #: 18145843
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Originally posted by BigLeon ↑

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.

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I agree @BigLeon, very much like a baby BGL - hopefully they can continue to win contracts and grow. Still far from a sure thing but the market cap isn't too demanding and for the revenue/profit is a nice change from other RTO's and speccy's at this end of the field.

ST1 Price at posting: 2.3¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 5.8¢		Change 0.000(0.00%)		Mkt cap ! $108.5M

Open	High	Low	Value	Volume
5.8¢	5.8¢	5.8¢	$188	3.239K

Buyers (Bids)

No.	Vol.	Price($)
2	17533	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.8¢	59004	2

View Market Depth

No.	Vol.	Price($)
2	17533	0.056
1	300000	0.055
3	167681	0.054
4	110000	0.050
1	97800	0.046

Price($)	Vol.	No.
0.058	59004	2
0.062	36691	1
0.063	30000	1
0.064	7248	1
0.075	400000	1

Last trade - 10.10am 21/10/2024 (20 minute delay)

ST1 (ASX) Chart

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