GLH 0.00% 10.5¢ global health limited

forecast pe at 6, page-32

  1. 819 Posts.
    lightbulb Created with Sketch. 7
    Saintly96,

    I've taken a look at AZV and though there are similarities there are big differences including.

    AZV not Cash Flow +ve (Ref Annual Report Cash flow statement)
    AZV major share holders and Directors selling down (not a good sign)
    AZV hardware based not software
    AZV more international focus
    AZV 189mil shares on issue
    AZV much lower amount (%) of shares held by Directors and Major shareholders
    AZV 51m MC vs 16m GLH

    For me the depth and lack of TA signals are concern for me in GLH. These are clearer in AZV needs to break 27.5 on volume to buy.
    GLH in an upward channel sitting on the downside, which needs to hold IMO.

    In balance, for me, GLH the better option.

    4TK
 
watchlist Created with Sketch. Add GLH (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.