OTR 0.00% 31.5¢ onterran limited

Can't imagine much volume coming out at 5c tbh. You always run...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 13,066 Posts.
    lightbulb Created with Sketch. 225
    Can't imagine much volume coming out at 5c tbh.

    You always run the risk of buying the value trap with these beaten down businesses but i don't see how too much could go wrong buying OTR at, what, 2x ev/ebitda? Personally, i'll feel more comfortable buying if we see a steady as she goes set of numbers in the H1 and some sort of reasonable guidance for H2 and the year ahead.
 
watchlist Created with Sketch. Add OTR (ASX) to my watchlist

Currently unlisted public company.

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