Am I to assume that your fair value for the share price is $24 or a 240m mktcap?
Not really sure this is a discussion than canbe had over this forum but let's try...
I mean it would be better over a beverage.
Hy results in 2015...report released in 2015 march... Rev 58m pat 4m opcash flow 7m debt 8m cash 3.5m
Market cap 98m
Hy results in 2017...rep released 2017 match... Rev 67m pat 6m opcash flow - 3m debt 13m cash 700k
Market cap 140m
I am of the view that there are fundamentals or historical financials.... But also non financial stuff.. future expectations... And also past fears... All of which contribute to todays share price.
I think there is too much optimism in the current share price.
The Hy16 to hy17 revenue year on year growth was quite poor.
CZZ Price at posting:
$14.72 Sentiment: Sell Disclosure: Not Held
