propertyguru rumour, page-6

Its not just that rumour , they recently received 7 mill from the sale of their share of icar in Asia.

That money has helped shore up the balance sheet considerably.

This company has a massive audience.

Its a Low cost , potentially extremely high cash flow business and its just in its infancy. If management stays strong and continues to make the correct moves as it historically has done , the $1.50 you refer to may turn out to be pocket change.