5GN interesting, just popped up on one of my retracement scans....

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    5GN interesting, just popped up on one of my retracement scans.

    Had a look at the FA, not bad and at 120 trading on fairly low multiple even for a small growth telco.

    It is a growth by acquisition model which tend to run on lower multiples than organic growth counterparts in saying that the metrics look very sound.

    Latest 1/2 yearly > https://www.asx.com.au/asxpdf/20210226/pdf/44t4cjzqr4j6mw.pdf

    The winged TA brigade on the porch rail just went off with the large gap up of last year filled, they are on notice that they are on 'jobkeeper' of 4 almonds a day till their hit rate improves so they had a really good look at it.

    Disc. we have started to accumulate < 120.

    5gn_ax15apr20_to_22apr21.png
 
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