Well I did. A little sooner than I should have, if only I’d know there was a big seller unloading, not helping the SP. hopefully this weeks half yearly’s will show some good numbers hon utilisations, increased revenue and reduce costs.
The numbers for the analyst that covers them have $800k profit for 2020, if they can meet that, at a basic PE of 10 that puts the Mkt Cap at $8m, we’re sitting at $2.7m. with $19m equity this provides comfort. I appreciate this is simplistic but looking forward to 2020 this SP will be a distant memory.
IDZ Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
