DEX 2.86% 36.0¢ duke exploration limited

This industrial stock has been well over two dollars, but fell...

  1. 5,217 Posts.
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    This industrial stock has been well over two dollars, but fell to low 30's in depth of GFC.

    Management today talking about $11-12 EBITDA to June, and former levels of profitability eg $18-20 EBITDA next year.

    Compare this to stock's market cap of $45m !

    Looking at 12 cents of earnings next year, at least 4c divi, maybe 6c.

    Medium term, stock is heading back to a dollar in my view
 
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Currently unlisted public company.

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