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1.06% 46.5¢ bod australia limited

News: BDA BOD Australia secures binding letter of intent with a Swiss manufacturer, page-49

  1. trevi
    1,148 Posts.
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    03/04/17
    17:04
    Post #: 23822565
    Today's announcement was pretty significant in my opinion. Their JV partner is a subsidiary of a multi-billion dollar company. As for the sales, their distribution network will grow in time but I'm more interested in their move into China. Enterprise value of less than $10 million and $5 million in the bank. Definitely a good punt.
    BDA Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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