So according to the above attached, a Revenue of ~$100 million per annum, with ~$70 million of that as gross profit (~70% Gross Profit margin, with annual Revenue of ~$100 Million). Meanwhile we have fast rising oil prices (meaning increasing profit margins), and at the same time, management working on decreasing admin/operating costs (one example is sale of Montney).
Current market cap is ~$55 million dollars.
No wonder the Directors have been buying up.
CE1 is significantly undervalued IMO.
So according to the above attached, a Revenue of ~$100 million...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CE1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $3.801M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $153.9K | 21.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 10821900 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3493516 | 15 |
View Market Depth
| Last trade - 10.03am 19/06/2024 (20 minute delay) ? |
| CE1 (ASX) Chart |