Ann: Appendix 4E and Annual Report, page-75

i agree KTD appears extremely undervalued especially comparing it to BUB

BUB's MC = $250M

KTD's MC = $38M

1) BUB has less revenue ($48.2M vs $48.5M)

2) BUB's net cash loss is almost 3x larger (-$23.89M vs -$8.2M)

3) KTD is growing much quicker than BUB & their revenue is much more diversified (larger product range, more clients, multiple facilities) & it has no debt; just a WC facility that management has indicated will be increased (no sign of CR)

how is BUB worth 550% (five-hundred & fifty percent!) more than KTD...

data compiled by @ASXleo