Regardless of where CLT's numbers end up at the end of FY21.
Based on first 5 months of FYTD trading,
mcap: $17.4m (@7.5c per share)
earnings: $2.8m
P/E based on first 5 months earnings: 6.2x
Tell me that's not cheap.
I think people forget that most gamers in Australia haven't even got their little hands on a PS5 or the new X-box yet - so they haven't even started buying new games and gaming accessories.
In terms of 5G adoption driving new iphone / android case sales, well there's still heaps of potential 5G users who are waiting for Telstra/Optus/etc to upgrade their network - so I think the tailwind from 5G is just starting.
CLT Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
