I'd argue there is more upside than down. They're profitable. Class action behind them. The decline in the loan book has been arrested and looks to be now trending upwards. Tailwinds from the macro economic environment. Current P/E sits at 10 or 11 which is pretty low for a company of this size and with a convincing growth pathway ahead of them. I'd put the share price in the 30s given todays numbers and higher if they execute well in the coming months as the stink of past mistakes washes off and disgruntled long term holders sell out their positions
I'd argue there is more upside than down. They're profitable....
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $134.9M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 21.0¢ | $65.02K | 307.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 148113 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 224142 | 7 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.005 ( 2.28 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 21.5¢ | 21.0¢ | 177605 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| CCV (ASX) Chart |