Personally, I see this as severely undervalued.
CTT is on track to hit $30m EBITDA this FY, the growth is massive with high double digits.
A growth stock like CTT should trade on a minimum 60x earnings, in bull markets they can even hit 1000x
$4.6 is 60x earnings and the minimum CTT should be trading at IMO, anything under that is undervalued. Up to $70 per share in a bull market wouldn’t surprise me.
Already fully valued ?, page-2
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Last
$2.94 |
Change
0.000(0.00%) |
Mkt cap ! $1.120B | |||
| Open | High | Low | Value | Volume |
| $2.94 | $2.97 | $2.87 | $4.630M | 1.583M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43253 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 43253 | 2 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$2.95 |
Change
0.000 ( 0.53 %) |
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| Open | High | Low | Volume | ||
| $2.93 | $2.97 | $2.87 | 281186 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| CTT (ASX) Chart |