With the share price currently at $1.36 and a market cap of...

With the share price currently at $1.36 and a market cap of $106million this means that the company is backed with over 25c per share in cash. So essentially we think of this as you would be paying circa 80million for a company which we expect may deliver strong earnings of ~$4-6million in EBITDA in FY2021. This is only a PE of around 20 based on this years earnings or a Price to Sales multiple of ~4 based on what we think AND will do in FY2021. Source:https://bit.ly/ansarada-shares