7M cash, 32M+ rent roll / loan ledger assets, 12M debt at 7% interest rate.
Revenue growing 20-30% organically per year, could get higher.
This was probably the last dilution too.
Cheap options.
Performs even in the downtrend of Perth property market (weakest in the country, will boom with this turns around).
Good business model.
What is not to like here? It's a net/net with a good business model growing fast, with cash flow incoming.
Wake up and smell the roses please hotcopper investors.
7M cash, 32M+ rent roll / loan ledger assets, 12M debt at 7%...
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