I freed up some cash today to take advantage of any dip in the SP monday.. The quarterly update should remove any real sell off due to the capital raise imo.
EBITDA positive and positive growth now means the business can be valued on its revenues like most other tech businesses.
$220m annualised revenue at 4-5 times should mean $3-$4 target.
Ann: Equity Raising and Trading Update, page-50
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