WNX 12.5% 2.7¢ wellnex life limited

Thanks Seals,And certainly by that logic 3xSales implies 50%...

  1. 188 Posts.
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    Thanks Seals,

    And certainly by that logic 3xSales implies 50% upside which would make a punt worthwhile. Agree this doesn't seem like much of a stretch in a buoyant market.

    I would hope the market in general would be reluctant to ascribe this as a growth stock without a little more history/credibility. Surely in their presentation it shows the growth trajectory that BSA has been on in the last few years which is promising of Zacks work. Still I like my growth stocks with a GP margin of 40+ not struggling in the 25% range. When you plug the difference into a spreadsheet it makes for a much higher revenue growth requirement for this little outfit and very hard to maintain/pull down the overheads.

    Time will tell. Thanks for the input.
 
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