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Not sure why the SP is not moving up.Management provide guidance...

  1. bottomfeeder1
    1,614 Posts.
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    27/08/20
    11:42
    Post #: 46862553
    Not sure why the SP is not moving up.

    Management provide guidance and then over deliver for the last financial year.

    They have provided a guidance for the 21 year and I suspect they will over deliver.

    The SP at $0.315 values the business at a 5 X's multiple which is very low for a business with no debt

    At some stage this will be re rated
    CDD Price at posting: 30.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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