Observation about lead up to FY15 results is spot on. I remember thinking at the time that it was undervalued even in the 50s back then. Since then the underlying business has moved forward and the reasons for the share price/earnings falls are one-offs. I have it on <10x 2017 npat but could see earnings doubling over the coming decade especially if KipOnline gets traction. I feel that when they first launched it as well as not being written in html5, it was just too soon given internet speeds in Australia.
Observation about lead up to FY15 results is spot on. I remember...
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47.0¢ |
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Mkt cap ! $26.71M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 114920 | 43.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 14046 | 1 |
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