Takeaways from Eureka report
1. Still significant opportunity ahead of Lark, not selling into international markets yet. Overseas expansion still a year away so domestic has to drive growth in financial year 2022. As volumes mature will expand internationally with a targeted focus on handful of specific markets.
2. CEO aims to double revenues again in financial year 2022 even before international growth.
3. Given recent prices being achieved inventories value higher than stated, so still some hidden value here despite share price performance.
4. Leads to a takeover in 2 or 3 years, ideally multiple global spirits companies in the mix driving value up. CEO mentioned spirits takeover multiples at 20x sales.
Easy $4 SP, longer term much higher IMO.
- Forums
- ASX - By Stock
- LRK
- Eureka report
Eureka report, page-2
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRK (ASX) to my watchlist
(20min delay)
|
|||||
Last
83.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.24M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1743 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 8150 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1743 | 0.805 |
5 | 2500838 | 0.800 |
2 | 12650 | 0.785 |
1 | 13000 | 0.765 |
1 | 1600 | 0.725 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 8150 | 1 |
0.835 | 27562 | 3 |
0.845 | 2100 | 1 |
0.870 | 5000 | 1 |
0.890 | 31466 | 1 |
Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
Featured News
LRK (ASX) Chart |
Day chart unavailable