Josh, I/m sure Diddy the cat will also some after this seeing our posts.
Jokes apart, it is a Capital light business with no inventory. So far they have captured only 1% of Australian market. Huge market opportunity for them. I am sure people owning campers will put theirs on rent given the returns when sitting idle. They also have expansion plan outside Australia. Growth numbers at more than 100%. Morgans only, so expecting this to do well. Valuation of 6.5x not too bad with current FY21 forecast which almost finished.
Was lucky to get a decent allocation. Good mid to long term hold.
IPO - Camplify Holdings Limited - 28 June 2021 #, page-8
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $32.53M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 45.5¢ | 43.0¢ | $40.44K | 93.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2045 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 16576 | 1 |
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