I disagree with your second paragraph. Safe is relative to the return you anticipate. Let's not forget this is a sub $20m MC.
The US government is trying to approve a $1-3bn bill for education spending. It hasn't been finalised as it's politicised heavily. There's no doubt that this will accelerate spending on our type of service offering.
This is a 'medium term' hold as in at least until december to validate the speed of disruption occuring. The additional multipliers for a rerate will be added upon validation that this partnership will continue to pay dividends in performance over 1-2 years for long term holders. I also consider this one of the safer stocks to sit and come back to, as I understand what's happening thematically and financially.
Faria converting notes to shares signals a huge belief in their future share price value. It really is too cheap down here, or it may look that way soon enough.
- Forums
- ASX - By Stock
- SCL
- Ann: Faria elects to convert Convertible Notes
Ann: Faria elects to convert Convertible Notes, page-32
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.95M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
SCL (ASX) Chart |
Day chart unavailable