ADA 4.04% 47.5¢ adacel technologies limited

Just to be clear, I don't think ADA is particularly overpriced,...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 47 Posts.
    Just to be clear, I don't think ADA is particularly overpriced, it does seem to have a strong competitive position, and over the long term should grow. I would be happy to take a position in it, but my view is that it isn't particularly cheap at the moment and there could be better opportunity coming, so I will wait for the moment. But this is just my view and I get plenty wrong! I am in a learning phase.

    Also I overstated the EV/EBITDA above as the company has some tax credits available for set off which you could knock off the EV I was using.
 
watchlist Created with Sketch. Add ADA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.