Ann: AGM Chairman's Address and CEO's Presentation, page-6

I think these sorts of stocks need to regain the trust of the market before they re-rate and start to trade on fairer multiples. Kind of like a BSA style turnaround story imo; or even HIT more recently.

If they come in at the lower end range of ebit margin and revs and assuming $5M cash and a sp of 7c, they'll be trading on an ev/ebit ration of ~4.5.