Hi all,
Now that all the impairments are taken and since 30 June 2023 operational costs will have dropped by 80% ie No BNPL and only 16 staff. Also the fact that current board have indicated growth in Isentric the last 6 months with strong growth forecast for 2024 then looks to be in the black by $1.5-$2m. even at a conservative 10x that puts value at 2c per share. Add back IDSB takes us to 3.3c per share.
However I suspect the market will judge otherwise.
Just my opinion
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- Ann: 2023 Annual Report and Appendix 4E
Ann: 2023 Annual Report and Appendix 4E, page-16
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