MEA 1.56% 65.0¢ mcgrath limited

Thanks thehound. I agree there is insufficient information...

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. 259 Posts.
    lightbulb Created with Sketch. 9
    Thanks thehound.

    I agree there is insufficient information available to the public to make a fully informed decision as you would need if you were looking at buying the entire business.

    But I am comfortable holding because, even if the leasing fees have been included in the PM income, 50 cents per share for the entire business seems safe to me personally because a multiple of 3 gives about 40 cents per share just for the PM alone.

    The initial valuation when floated must have been crazy.
 
watchlist Created with Sketch. Add MEA (ASX) to my watchlist

Currently unlisted public company.

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