Was hoping for at least $2.2 but $2.1 is a massive change from...

Was hoping for at least $2.2 but $2.1 is a massive change from last year and will take this as enough of a turnaround (about $2.5m I think) to stay on board. They have $2.4 in the bank and no debt which is a good sign.
Interesting the comment about the COVID having no effect.

At $2.1 this gives a current P/E of around 8 when everything else in this space seems to be in the 15-30 P/E range.

This still represents CCG as being undervalued compared to market and I think it may head up if their strategies pay off. Will be interesting to see what they forecast for next FY. I think they need to do at least 2 M&As to get the right attention.

Interesting to see if they get any attention from the likes of UWL and ST1 who have been active with M&A.

Made me go back and look at other stocks in this space and compare P/Es.

MNF P/E 30+
OTW 30+
VOC 17
TEL 18
5G No P/E
Vonex No P/E
ST1 No P/E
MAQ 60+
UWL 30+
OPC 20+

Peter McGrath looks to be earning his salary. I still think John McKay is not a good look even though he would get some credit here.