GLH 3.85% 13.5¢ global health limited

I started buying Global Health a while ago, and unfortunately I...

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  1. 1,312 Posts.
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    I started buying Global Health a while ago, and unfortunately I was too greedy to take the shares at 45c, so I paid a little more. However, I only increased my holding by 20%.

    The thing is, the revenue is mostly recurring and sticky, so as long as they can keep getting more customers the earnings should simply keep growing. With a market capitalisation of 17 million, Global Health is no longer cheap.

    However, I think what we've seen in the move from 40c-42c to 50c-52c is a few of us (probably less than 5 people) have decided that we are willing to pay for growth now. This is based on our interpretation of the announcement. I could imagine the share price coming down hard if the news isn't good at the AGM.

    I'm really frustrated that the Vocus AGM and the Global Health AGM are on the same day in different cities!
 
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13.5¢
Change
0.005(3.85%)
Mkt cap ! $7.836M
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13.0¢ 13.5¢ 13.0¢ $6.465K 48.07K

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No. Vol. Price($)
2 39384 13.0¢
 

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Price($) Vol. No.
13.5¢ 1585 1
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