Agree for now. 44c is better than 33c. But I still think 56c (original price of the SPP) is a justified level for FDV. If we could ignore the macro issues hitting all Tech stocks then 56c seams reasonable.
I am forecasting a bull case scenario where Zameen fully recoveries 6 QTR's from now. But I am betting on Latam and especially ROW being the standouts for the next 2 QTR's.
Do you think $2.8m EBITDA in 4Q and $3.6m EBITDA in 1Q 2024 would be enough to attract the attention of Mr Market?
I am hopeful it will be.
FDV Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held
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