GNP 3.38% $2.14 genusplus group ltd

Ann: Operational Update - Award of Rio Tinto contract, page-14

  1. 58 Posts.
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    Based on my rough conservative calcs, it looks a bit over 4x ebitda and 6x npat for fy22. It looks like there will be further growth and business is going along well signing Rio Tinto and what not so looks very undervalued to me. Regarding the market, I am hoping it has overlooked the company and in time it will re-rate. Yes, low volume is a concern but once price moves, people may jump on. Potentially this could rise 2-3 times and be on an undemanding valuation. Regarding bots, I would think there would need to be more volume? If they are exist and are driving the price up, they aren’t doing a good job.
 
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