CM8 5.41% 3.5¢ crowd media holdings limited

I agree with your comments gassed. My perspective is whatever...

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    I agree with your comments gassed. My perspective is whatever the growth prospects for Track it has a valuation based on pre-acquisition earnings so if CM8 can return Track to that performance or better, and reduce debt in line with expectations, then at current SP it is undervalued, which provides the upside at this point.

    Once the debt is paid down, and assuming Track maintains stable performance or at least achieves incremental growth, then it is a solid cash cow that can fund other areas of business growth (or pay dividends...)

    Cheers, Sharks.
 
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