The problem is we do not know how much is "maintenance R & D" and how much is "growth R & D".
They have capitalised over $20m worth of intangibles on their balance sheet. Can a competitor replicate their software with $20m? I do not know, but I really doubt so.
The PE number is misleading, and cashflow multiple should be adjusted. After all that is done, I dont find compelling value. Might be on the cheap side, but not compelling.
The problem is we do not know how much is "maintenance R & D"...
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.095M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83605 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 100408 | 1 |
View Market Depth
| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| GLH (ASX) Chart |
Day chart unavailable