CLT 0.00% 2.6¢ cellnet group limited

Ann: November Trading Update, page-17

  1. 7,985 Posts.
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    Few things I like about CLT
    - Revenue has increased yearly, except for this year given the pandemic.
    - They have invested their profits to increase their assets and for expansion.
    - top 3 holders hold 60-70% who are loyal
    - very strong balance sheet, 15mill market cap, 9 mill cash...
    - December will be the most profitable.

    I usually sell to day traders on announcement, but I added to my position at 7.7c today. 15c is a 30mill market cap, which is warranted from having a conservative view.

    I will add on every pullback.


    Significant rerate coming IMHO.


 
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Currently unlisted public company.

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