well, selling your IP for $10 mill is one off; unless you can...

well, selling your IP for $10 mill is one off; unless you can sell it again to others, which is not their main game... is it?

the $4.7 mill is just a work contract... maybe it will cost them $4.6 mill of costs to reap that

I do agree it leads to a new stream of revenue if it is successful

I am not sure how to value a share when the market for the product is unlimited... or many times more than you can produce

ballpark I can say they are a $5 to $10 mill AUD profitable company; a market cap of $50 to $60 mill seems appropriate; just on P/E... but they are a growth company... rare to find profitable, low P/E companies with a big growth profile