CM8
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5.41% 3.5¢ crowd media holdings limited

Today’s announcement says $1.1m net debt as at 31/12/17. The...

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  1. Von Rico
    1,816 Posts.
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    26/02/18
    11:55
    Post #: 31343308
    Today’s announcement says $1.1m net debt as at 31/12/17. The recent trading update said $1.6m net debt as at 31/12/17.

    Assuming the real figure is $1.1m as at 31/12/17 then with a further two trading months now past it’s quite possible net debt is now nil or very close to it.

    P/E right now must be the cheapest it’s ever been for this company.
    CM8 Price at posting: 8.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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