ZEN zenith energy limited

Golden egg

  1. 5,985 Posts.
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    Is this the next golden egg?

    I can't believe the numbers that I'm looking at.

    Extrapolating the half yearly results it looks like ZEN is trading at:

    1x annual revenue
    1.5x assets
    100% per half year EBITDA growth!!!

    So before buying today I gave it some thought as to why ZEN isn't trading at between $2 and $3 after the 1/2  yearly results from 5 weeks ago.

    All I can think is that those who bought lower have been taking their profits or people who were spooked out by the trade war fears.


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