Jan. 10 at 2:37 PM
$CDRO is literally the cheapest gambling stock I have ever seen. One of the leading online gambling co's In Latin America. Trades at less than 1x sales (comps trades around 3x), growing over 30% per year (faster than the comps), will generate
$30-
$50 mil In ebitda this year, most of which will be free cash.
$1/share in cash. No debt. And a very likely buyout target. It doesn't get much better than this. I would expect blowout earnings and buyback to be the next short term catalyst. Is down from 8.50 because the original spac sponsor's fund shut down, and they had to liquidate their position.
