ST1 7.55% 5.7¢ spirit technology solutions ltd

On the surface looks great , but seems too cheap ? 12000 km of...

  1. 7,359 Posts.
    lightbulb Created with Sketch. 256
    On the surface looks great , but seems too cheap ? 12000 km of fibre and 2000 plus customers for a tad over 4 mill ?
    I note the figures presented are unaudited , so one must assume there is a heap of debt coming over ,
    Dont know the cost of fibre and electronics , but if you value a customer at say 500 , thats 1 mill , surely fibre laid and lit costs more than 300 a kilometer ?
    Either the deal of the century or some data missing , ( placement 20% above market and vendors accepting scrip at 40% above market ?.? Bizzare )
 
watchlist Created with Sketch. Add ST1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.