MEA
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0.00% 59.5¢ mcgrath limited

I've just noticed that Commsec lists MEA borrowings of $19M in...

  1. Gappa
    221 Posts.
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    05/01/22
    21:24
    Post #: 58666742
    I've just noticed that Commsec lists MEA borrowings of $19M in their MEA financial figires. And Morningstar list total debt as $23.6M. Both meaningful amounts next to the market cap that really inflate EV. Obviously the company annual report for FY21 lists zero debt. Those relying upon market analysis from the above sources may be underestimating the attractiveness of the current valuation
    MEA Price at posting: 61.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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