EGL 3.08% 33.5¢ environmental group limited (the)

Small and nimble

  1. 2,354 Posts.
    lightbulb Created with Sketch. 214
    This looks like an interesting company in my opinion .

    They have just addded another contract for $12.7m and were already expecting an increase in normalised EBITDA of approx 45% for the year.
    It seems to be operating in the right area in this day and ages.
    Assuming there are no nasties in the financials for the current year that effect normalised EBITDA then I would expect as some point it might get a rerate.
    Maybe we might even see a small divy this year or it might even be snapped up by some larger entity.

    I guess time will tell but its worth a gamble in my opinion.

    DYOR







 
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