CNW
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0.00% 6.1¢ cirrus networks holdings limited

Ann: Market Update - Continued Success in Resources & Govt, page-12

  1. Charlie73
    245 Posts.
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    07/07/20
    10:20
    Post #: 45688508
    I'm not holding because they aren't worth much more than 2c. Market cap of $18m is about right. Reported EBIT will be about $2m (ignoring all "adjustments"), so trading at 9x. To invest now, you have to believe they are going to have a terrific 18 months. Not sure that is possible in this market as a reseller.
    CNW Price at posting: 3.3¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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