Your probably not alone here mate
But I'm just looking at the Fundamentals of it for what it is here and now
I'm sure plenty had a bitter taste about PSY on that first big spike but in the end value won out
$12.5m a year in EBIT is hard value to ignore considering the $11m Mkt a Cap
it's very cheap
And what sets QBL apart from so many hopefuls is the fact that
1. The Cap Ex is low $5m only not Billions
2. The margins are good
3. Transport and logistics aren't an issue as the deposit is located 16kms from a deep water port and they have port capacity secured
- Forums
- ASX - Day Trading
- Daytraders Aftermarket Lounge 16th April
Daytraders Aftermarket Lounge 16th April, page-23
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)