LRG longreach group limited.
Add to My Watchlist 0.00% ! 17.0¢

What I like about LRG above all is that its a tech stock, with...

  1. Mosteph
    310 Posts.
    clock Created with Sketch.
    14/09/10
    14:13
    Post #: 7195391
    What I like about LRG above all is that its a tech stock, with tech growth prospects, but with a term contract that underpins its cashflow requirements (and heaps of cash p/s on hand).

    In other words, a safety net with upside. Approximately 11 months of safety net, not including the cash.

    I also like the fact that its history has has forced management to learn to be parsimonious. Probably my favourite prospect on the ASX come to think of it.

    http://www.c4i.com.au/docs/news/media%20release%20-%2013sep2010.pdf
    LRG Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.