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33.3% 0.4¢ visionflex group limited

Ann: Quarterly Update, page-115

  1. T.E.P.
    3,387 Posts.
    lightbulb Created with Sketch. 4561
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    07/02/20
    13:03
    Post #: 42801889
    Impressive. Looks like you will have entered the Top 20 Holders @lordearl. My view is that you'll do very well for yourself over the next year or two with a holding of that size. At a market cap of $22m this is incredibly cheap. A 6x multiple on incoming ARR of $8m (estimated post-implementation of the landmark deals) will be a valuation of $48m.... double the current share price...
    1ST Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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