MEA 0.00% 61.0¢ mcgrath limited

Am I crazy, or is this an absolute bargain at <5 p/e. Surely the...

  1. 545 Posts.
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    Am I crazy, or is this an absolute bargain at <5 p/e. Surely the market isn't pricing in a covid pullback? Clearance rates and sales volume are as a high as ever and we will reach vaccination thresholds in a couple of months. Not to mention low interest rates and stimulus will now remain in situ for a while yet. The EV of this is only $50mil when you factor in the $30 odd mil cash on hand.
 
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Mkt cap ! $97.89M
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61.5¢ 61.5¢ 61.0¢ $10.06K 16.5K

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No. Vol. Price($)
5 846718 61.0¢
 

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Price($) Vol. No.
61.5¢ 926528 10
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Last trade - 14.53pm 07/06/2024 (20 minute delay) ?
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