Yeah hedged book so rising costs will likely benefit them competitively.
They are adding $100m/qtr in net loan book, so 3 more quarters will take them close to $1bn which is what they said - CY2022.
Therefore revenue at Christmas should be 50% higher than it is today - around $90-100m p.a.
And the business is currently ~$140m EV.
Each to their own and do your own research but I just added to my position.
And re the loan what do you want the alternative to be? They sell stock on market?
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.7¢ | 2.5¢ | $33.75K | 1.290M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 2587779 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 2213587 | 1 |
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| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| WZR (ASX) Chart |