u/Character_Floor_2056 · 67d agono track record yet
Long GNTA
GNTA (soon SAEN) trading below net cash, anyone else watching this Italian defense/aerospace consolidator?
Italian defense/aerospace consolidator trading near net cash of $1/share despite €4M+ revenue and €2M+ EBITDA from closed acquisitions. Macro tailwind from 14% EU defense spending increase in 2025 and Italy's plan to raise defense spending to 2.8% of GDP in 2026 support smaller supply-chain suppliers like GNTA's portfolio companies.