CXH 0.00% 1.5¢ compass hotel group

Half yearly just released. NTA not as bad as I thought. Thy have...

  1. 1,165 Posts.
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    Half yearly just released. NTA not as bad as I thought. Thy have paid down some debt and asset values haven't dropped any further due to the improving WA economy.

    So we have revenue of 32.8 million for the year
    Net profit of 1.7 million compared to last years 80 million loss
    Cash position 3.3 million
    Debt reduced by 4 million to 92 million
    NTA 20c
    Market cap ~3 million

    Current SP is 3c. High risk/High reward play.
 
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