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8.00% 2.3¢ the agency group australia ltd

Still no where near a justification of a $17m market cap.If it...

  1. TenX
    2,224 Posts.
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    19/12/19
    12:01
    Post #: 42048386
    Still no where near a justification of a $17m market cap.

    If it was trading at 2c then would be fairly priced IMO.

    What if sales volumes reduce in the new year?

    I think that management is looking at corporate action opportunities right now. They need to add something to bring in additional revenue and push EBIT upwards.

    The boys from the Sydney business could end up owning their old employer in McGrath as a real possibility.

    10x.
    AU1 Price at posting: 6.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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