re: aquisition chris The are undervalued, $6mill in cash, no debt and cash flow positive to the tune of $1,600,000 for the last quarter.
The things that are holding the SP back at the moment are:
Remtech having no projects yet, although they have restructure Remtechs management recently. One good thing is that cash burn has been minimised.
The other thing holding them back would be the recent options conversion (the lastest 3B that was announced), would be responsible for some of the recent selling as they had a 50c exercise price.
All in all, undervalued.....
PDO
paladio group limited
aquisition, page-3
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