1H15 report, page-20

Not sure if we're looking at the same business, but I see gross margins worse than most resellers and 'fixed' costs only increasing very year, too many people are caught up in the excitement of a developing industry and less about what NTC's role is in that industry, it's existing business model and the people steering the ship, the company's track record does not lie. There is no chance in hell this is worth the mutiples its sitting on, pure case of retail investors getting carried away