BGL 0.25% $1.96 bellevue gold limited

finallly..., page-14

  1. 3,479 Posts.
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    Axiomax...MTU was a great example of a share trading on a low PE when it's market cap small and the share was illiquid....at the 80 cent mark to the $1.20. When it eventually got to $2 it exploded and yes...may be on too higher multiple now...although has come back of late. BGL doesn't have too many aquisition options left in the fixed wireless space as they pretty much monopolise it. However in the Managed Services space they have 30% of the market so plenty of scope for further aquisitions. I really think that if BGL can get over the $50M market cap they are going to attract much move attention. Remember in 2009 this company only had revenue of $6M and for YE 2012 they will be close to $30M - that's a fine result would'nt you say...and with no debt.
 
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