MLD for example makes close to a billion in revenue EBITDA close to 60 mill 130 mill cash in bank Pays a dividend Not even double the market cap here
This company is only making say 250 mill revenue EBITDA 30 mill 30 mill cash in bank No divi
There are plenty of companies on the ASX that offer good value. Although I do believe GNP will be good in the future, I dont think now is the time to invest. Waiting for when they do there first raise, which will most likely be for an acquisition, which they need to increase revenue Order book only 300 mill, MLD order book close to 3 bill.
I know which one Id pick for cap growth + divi. Already bought MLD at 72 cents and buying on every op. Way too undervalued
GNP Price at posting:
89.0¢ Sentiment: None Disclosure: Not Held
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