TGA 0.00% $1.17 thorn group limited

Been watching for a few months now valuation wise. Pretty strong...

  1. 119 Posts.
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    Been watching for a few months now valuation wise. Pretty strong balance sheet and the government could take 5 years to get there act together and change any sort of regulations.

    Can it go much lower than a few times earnings? Sure its possible, but we are at low single digit p/e's here and the chart has been consolidating around 1.30-1.40 for a while now.

    Could get very interesting if we move and break through 1.50.

    IOOF holdings see the value here and I'm sure a few other will shortly IMO

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Currently unlisted public company.

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