Bull case? Interested in the community's thought's on this one? Looks to be growing, market cap of $102m reflects net asset value with FY22 NPAT of $15m. Seems to have a lot of property on balance sheet, which makes me think could be an interesting asset play? Any one else looking at this?
NPAT grew another $2m last year to $17m. Now trading on a 7x PE and a 6.5% trailing yield. Also have $87m tangible book value for a market cap of $121m. It does seem cheap.