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Company Report
Last edited 4 years ago
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Performance (58m)
5.3% pa
Followed by
2
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#Bull Case
stale
Added 5 years ago

-New management took control in November 2018
-Essentially trading at shell value with a 3m mcap
-Has 2m cash and no debt
-Should be cashflow positive after recent cost cutting measures detailed in 31 Dec 2018 Half Yearly report
-Has contracts with Melbourne and QLD rail networks (Melbourne contract has 2 years left)
-Contract with APN Outdoor for advertising content renewed until 20 June 2021
-A slight operational improvement could easily see it valued at 10m (~7.5c) with little downside risk from here