Ann: Becoming a substantial holder, page-148

EV now around $25 mill.  ffs
@8horse are you still watching
reversal over coming days imo.
Volume has dropped off dramatically, base forming ready to spring from imo
dyor



from analyst 8horse

""Many IPOs are inflated and unprofitable businesses.
DEL is one of the promising businesses, imo.
Been profitable for last five years;
EBITDA: $3.8m
Market cap: $50m
Cash: $17m after IPO cost
Enterprise value: $33m
EV/EBITDA: 8.7

Delorean’s board includes co-founders Hamish Jolly and Joe Oliver as executive chairman and managing director, respectively, as well as former Tox Free Solutions managing director Steve Gostlow as a non-executive director. (Tox Free was bought out by $5.1 billion Cleanaway Waste Management (ASX: CWY) in 2017 for $831 million.)""