Lord Bell - thanks. Your perspective helps.
One of the items you touched on, that more investors will discover the stock, is certainly why I liked CTT in the first place. Guess I see more that this is a double edged sword while the market attempts to figure out the valuation of it
The platform is still in its infancy and will improve with time...though its still growing rapidly in its current state
one thing I'm less sure about...may I ask how we can justify this valuation in terms of revenue multiples? It seems very aggressive to me (accountant here). PE or DCF I'm familiar with but revenues...struggling to get my head around it
thanks for your help
Ann: Cettire Upgrades FY21 Prospectus forecasts, page-46
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Last
$1.39 |
Change
-0.040(2.81%) |
Mkt cap ! $528.0M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.48 | $1.32 | $6.516M | 4.702M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14855 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 19000 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| CTT (ASX) Chart |