So changing threads to avoid being buried in the carnage of the previous thread.
First time Ive bothered to look at the SLC growth profile and its quite impressive. From a standing start in 2015, fibre grew from 251km to 671km, revenue from $7M to $125M (2018 FY), Assets from $33M to $497M and then theres BigAir and Indigo. quarter pair on Indigo is at least +$70M in revenue over time (can anyone confirm this?) and BigAir is strategic for local connectivity given how bad regional broadband has become under the NBN. After all that, operating costs run at $95M so its actually in the black which is surprising for a co that grew that big, that fast.
Plenty of upside from domestic tails, sub-sea transit and transport and connectivity in four countries. I dont see how this is a bad stock to buy at a market cap of $240M.
Go Soopy!
SLC Price at posting:
95.0¢ Sentiment: Buy Disclosure: Held
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