CI1 0.00% 11.0¢ credit intelligence ltd

When a business is sound and has a bright future in front of it...

  1. 12,295 Posts.
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    When a business is sound and has a bright future in front of it then at some point in time the sp will adjust to the true value. A few days the market said it is worth 13c, now with an acquisition for more revenue / profit and about $ 6m extra cash the same market says it is worth less than 4c per share. If we use the average as a guide then we would get 8.5c. Let's say 6-7c, that should be the current level. The next months will tell us whether that's correct or not. But one thing is for sure, increasing revenue / profits will drive the sp higher.

    GLTA
 
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