CCG comms group ltd
Add to My Watchlist 5.36% ! 5.9¢

CCG AX - Strategic review announced today

  1. Icahn
    46 Posts.
    lightbulb Created with Sketch. 58
    clock Created with Sketch.
    21/06/23
    20:32
    Post #: 68406900
    Big news - Comms Group announced a strategic review today. They are guiding to $7m of EBITDA for FY24e. Assuming a 8x sale multiple (in line with recent peer transactions), that equates to a $56m enterprise value. Deduct $8m of debt outstanding and that is a market cap of $48m, or a share price of 13c vs. 7.2c today (81% upside). What am I missing??

    https://www.arnnet.com.au/article/707737/comms-groups-kicks-off-strategic-review/
    CCG Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
5.9¢ 		Change
0.003(5.36%) 		Mkt cap ! $31.28M
Open High Low Value Volume
5.6¢ 5.9¢ 5.6¢ $24.78K 441.7K

Buyers (Bids)

No. Vol. Price($)
1 128628 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 98483 1
View Market Depth
Last trade - 15.10pm 08/08/2025 (20 minute delay) ?
CCG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.