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0.00% $2.49 ansarada group limited

IPO - thedocyard Limited, page-4

  1. Artvandelay01
    2,651 Posts.
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    21/01/20
    15:16
    Post #: 42495197
    Pass for me. Having now looked at the Prospectus it confirms my suspicions (see my comments in the IPO forum) ....sub-scale (~$500k rev in FY19 up from ~$250k in FY18 - ok it has reasonable growth but its off a v low base), I'm not convinced on the product, Board looks lightweight and valuation is absurd....sounds like a recipe for disaster to me but it wouldn't be the first (or last time) i'm wrong!
    TDY Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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