CTT 2.45% $1.79 cettire limited

Ann: FY24 Results Presentation, page-35

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  1. 287 Posts.
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    Fair points, but again, every man and his dog knew that Q4 didn't make any money. We haven't learnt a damn thing yet. The real question here is the entire business cactus from this point on, or is it simply a tough period - which every business goes through? I note that olgilby123 seems to think this thing is worth 80 cents. Where do you value it?

    The big boys aren't giving this thing any room. They've got nearly 20% of their market cap in cash and the big players are just saying the company is now worthless from one bad quarter. Why do the big instos allow some companies to trade at sky high valuations for years and not make any money, but actively burn money based on a promise of nirvana in a non defined future, whereas Cettire has a bad quarter and the whole thing is written off? Cettire is hardly trading at a demanding price for the business.

    Agree with China though - I don't see that as a savior - I could be wrong...
 
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