CCR 1.89% 26.0¢ credit clear limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-30

  1. 1,463 Posts.
    lightbulb Created with Sketch. 222
    the company would be silly to sell out cheap.... please remember credit corp listed in what year 2000 was it ?
    23 years later credit clear under 5 years old listed. listed at 35 cents ran to over $1 raised in the low 40s twice and now 23

    Heaps of cash and trading less than 3 times last 12 months revenue. On that basis alone it should be trading closer to 28-30. Clearly they hit a few walls with overseas opportunity and revenue in to scale.

    But if they get this going no reason why it can't be 100 M rev business within 3 years and on conservative 3 times revenue in bottom of the market valuations 80c-$1 and upside north of that.

    If they take an offer under 50 cents they be doing LH shareholders a disservice as well as there own pockets..

    Just my opinion. DYOR
    Last edited by davo128: 03/08/23
 
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