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0.00% $1.34 grays ecommerce group limited

Article from the Australian discussing grays and shoply...

  1. maxtiger
    619 Posts.
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    06/03/15
    08:00
    Post #: 14869218
    Article from the Australian discussing grays and shoply

    "Meanwhile, Grays eCommerce Group (GEG, $1.18), the amalgam of Grays Online and Deals Direct, reported a $1.23m profit on revenue of $100m.

    Grays boasts a $107m market cap, supported by $14m in cash. With an $8.5m valuation, Shoply offers more upside even if Grays is the more reliable prospect. Both are spec buys."

    Read full article at http://www.theaustralian.com.au/bus...-cashflow-number/story-e6frg9lo-1227246906144
    GEG Price at posting: $1.17 Sentiment: Buy Disclosure: Held
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