The markets have been absolutely bollocked and CTT has been a shining light on an absolute ball tearer.
I think punters have finally realised its true potential after the last quarterly, just my estimates, but I believe CTT can do $30m profit this FY. If it does, a growth stock like this can easily trade at a 100 P/E, that’s $3b market cap.
That gives CTT a share price of $8+
Remember we are in a bear market right now. Just imagine how hard this would be running right now in a bull market?
It’s just a matter if time before we are back to blue sky.
Ann: Rapid, profitable Q1 FY23 growth - $5.5m adj. EBITDA, page-53
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Last
$2.24 |
Change
0.010(0.45%) |
Mkt cap ! $853.9M | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.26 | $2.21 | $4.806M | 2.148M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 148395 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.26 | 11947 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CTT (ASX) Chart |