Cash flow is great. Their cash balance brings the EV well below the market cap.
The Morrison purchase is where they get the $600,000 in savings, plus annualised profit of $140K. Good return on $3.6M purchase price if you consider savings.
I stuck a few more into the super fund this morning on open.
SEQ
Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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