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.
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I think these sorts of stocks need to regain the trust of the...
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