Ann: CBD Commences First 5MW Project in Italy , page-5

I've just recently come into CBD and honestly believe that this stock is very undervalued. With an EBITDA of $8.2 million in the 2011 financial year, I believe that this stock deserves a higher market cap than $22M..

From my analysis there is a huge opportunity for growth over the coming years.. Is there something I'm missing?
Just seems to be a lot of negative comments on the forum..

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This is only my opinion