Australia's largest stock trading and investment forum Australia's #1 stock forum

ICQ

Click for more information

0.00%

53.0¢ icar asia limited

Certainly does Adastra. Been on my watch list for a year now....

First 3 Last

Share
Profile

Follow
Pennypack3r

31 Posts.

6

21/02/20

10:45

Post #: 43066045
Share

Originally posted by AdAstra1 ↑

Looks very promising. The business looks to have reached a key tipping point in terms of scale and now revenue growth is kicking in (guiding for >50% in 2020). It will be interesting to see what the SP does from here... it looks a bit expensive on a price/rev basis (about 10x on a trailing basis) but given they have displayed the capacity to be profitable at this early stage, the enormous TAM and their market leading position, you could certainly mount a case for a much higher SP.

Expand

Certainly does Adastra. Been on my watch list for a year now. Bought a look in parcel at 20c. Kicking myself I didn't by in the early teens.

ICQ Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

CU6

Clarity progresses SECuRE trial with positive safety results

DXB

Dimerix begins recruiting young kidney disease patients in Mexico for Phase 3

3 stocks with antimony news on Thursday

CHN

Chalice jumps on Putin nickel export ban threat – but then there's bad news

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

There are more pages in this discussion • 7 more messages in this thread...

First 3 Last

Add ICQ (ASX) to my watchlist