Share-price., page-5

In the last presentation theres a balance sheet estimate of post indue acquisition.

It says debt of 15m.

Plus, the revenue of $18m consists of $6m in deferred tax, so really revenue is only $12m from co tinuing operation.

Plus, the ebitda of $9-10m also consists of $6m in deffered tax..making the real ebitda only $3m..

Overvalued imo for how the business stands right now.

No wonder insto havent touched this yet..that listing in frankfurt doesnt butt up the share price too..the promise of dividend also doesnt help..

Still overvalued until I see confirmed and audited yearend number.

Dyor.