On my calcs, there will be about 480m shares on issue post raise. At 40cps that's $192m. But they will still have $85m of debt, so even assuming they make $45m (remembering CDD's recent history of hitting its numbers isn't great...) the EV works out to nearly $280m, making a p/e of 6.2x. That doesn't seem to be a bargain for a company in this space and with this track record. Say you want to make 50% on your money - who's going to pay 60cps / 9.3x? Perhaps someone will, but that someone sure won't be me.
On my calcs, there will be about 480m shares on issue post...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CDD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $13.28M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 23.0¢ | $22.96K | 99.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6178 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 829 | 1 |
View Market Depth
| Last trade - 14.48pm 02/12/2024 (20 minute delay) ? |
| CDD (ASX) Chart |
