we are agreeable. Im not expecting a spike in revenue and I’m willing to entertain a small tiny issue with the USD in the half we are about to report on….. but, this is truly cheap at 1.5x rev and there is no way in Hell Shaun will sell at 1.5x rev when capital markets are open for business (not that it will come to this).
I agree a turn around buy is on the cards, so if you are doubling up, so am I!
I truly believe Shaun’s timing has cut it fine here (hence the lowly market support but lets not forget, Rome wasn’t built in a day and these assets upon further maturing will be beauties.
Shaun and Ricardo need to know their hard work hasn’t gone unnoticed.
FDV Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
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