I recon based in previous years that we could see a profit announcement on Thursday.
I don’t think that the full impact of their profit growth is factored into the price. If their first half is over $20mil then it is only trading at 10X first half profit. If they do a similar amount in second half then they are trading at 5X. Most other retail stocks are at 12 to 18x. And Culture Kings sold for 30X. Seems to me the price has a long way to go yet. Huge dividends will also help price.
I recon based in previous years that we could see a profit...
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Last
$2.88 |
Change
-0.020(0.69%) |
Mkt cap ! $119.4M | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.88 | $2.70 | $5.886K | 2.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 499 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 3000 | 1 |
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| Last trade - 14.51pm 24/06/2024 (20 minute delay) ? |
| GLB (ASX) Chart |