I cannot understand what is driving this share price? At the current value, with 1300 owning 24 dental practices, the average value of each practice based on the share price is approx 6.5 million dollars? This is not for any real estate it is just the Dental practice in rented premises! No figures have been released since the CDDS has ended. The MD of 1300smiles himself described that end of this scheme as being like a bomb on the "Dentistry Bus"! Can anybody help me understand what I am not seeing? Why are people so keen to risk their money? How can an investor buying in at $6.59 a share ever hope for anything but a capital loss? I thought this share price would have come unstuck long ago but I accept I have been wrong. I just can't understand why!
ONT Price at posting:
$6.59 Sentiment: Sell Disclosure: Not Held
