Thats ok its all opinions here
My reasoning for my decision is
CAT HY Revenue - Approx 25M ...extrapolated out for full year...? still not massive compare to current market cap
EBITDA is negative ( i dont take into account the one off positives added such as litigation etc)
For me on a PE comparison , unless this company can turn a $12M profit this year (which would give it a PE of 30 which is still incredibly high)....Then in my simple calculations it is massively over valued....even if you give it a PE of 50 ...it should be hitting a $7M profit which i cant see it doing.
Its an amazing potential business idea like SMN , but whats the point in buying at the moment?
It has a similar cultish following as companies such as SMN , which also rings alarm bells, as this adds to the speculative price runs
Ann: Half Year Report, page-13
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Last
$2.68 |
Change
-0.010(0.37%) |
Mkt cap ! $727.4M | |||
| Open | High | Low | Value | Volume |
| $2.66 | $2.76 | $2.62 | $1.859M | 698.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3816 | $2.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.71 | 3816 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CAT (ASX) Chart |