How precisely does it "disappear"? It has cash and it's profitable with interest rates going nowhere for quite some time.
The platform is established. Let's say they get $30m in revenue again this year. Once they get rid of the window dressing just how much do they need to spend in order to service that revenue?
FY24 could be very profitable with proper cost control. The only way it's not around is if they get a decent enough offer and 20c simply doesn't cut it imho.
Ann: ASX Announcement - response to media speculation, page-21
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Mkt cap ! $27.86M | |||
| Open | High | Low | Value | Volume |
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