Just put my bid in using OnMarket, wouldn't be surprised if there's a slight scale back given what's on offer.
$40M NPAT
$89M Cash
20% CAGR
Operates in the hottest sector currently on the ASX: Chinese milk
Seriously cashed up to underpin explosive expansion
PE less than 4
Dividend yield potentially in the double digits
Expecting a good stag here. Wouldn't be surprised if it multi-bagged, take a look at WMC for another under-priced Chinese Co ASX listing (went up 185% on listing)
DYOR
CDC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held