Market cap around $29m
Net debt close to zero now, debt being paid off by 600k per month, should be debt free by end of this year.
Enterprise value (market cap + debt) must be close to all time lows right now.
Employee and director options are way out of the money, strikes are 25c to 30c with some expiring this year, so some incentive to get the share price going back north.
It's unfortunate they went on a publicity blitz and then the CEO dumped shares shortly after.
Hopefully they can revive investor spirits with the half-yearly report, sentiment hasn't been great since the the director sell.
CM8 Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
