I bought 13,000 at $4.87 a few weeks back. I am convinced this is going to be another WTF, SEK, JBH. They will continue to capture market share and even at today's prices I think the forward PE is something like 25. If they keep growing mkt share and upgrade forecasts, then there is no reason they can't test $6.00 over next six months.
Inclusion into ASX200 after Jan 1 means more instos can buy them too...clearly, they are already getting set.
After PXS, this is now my largest position.
Coop
CRZ Price at posting:
$5.05 Sentiment: LT Buy Disclosure: Held
