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Ann: Notice to remove directors received from Merchant, page-64

  1. MattyJames
    232 Posts.
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    15/12/16
    22:01
    Post #: 21375659
    Yeah I agree with that.

    Obvious cash burn should be significantly reduced.. Was just using general figures up until this point.

    Also, their Branch out database was acquired for above 6m by memory which from a valuation point of view would be a SP of 24c & MC of $37M.

    All IMO
    1PG Price at posting: 19.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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