There is somuch fluff in the financial statements, and financial analysis isn’t my strongpoint, but from what I can see on page 15 of the half year results, the businessmade a $3.6m loss for the half year to 31st Dec 2018, and if youremove the Sargon write down from the half year accounts to 31st Dec2019, a $1m loss.
Let’sassume they turn it around, and are projected to make a $2m profit for the next12 months, what multiple do you assign this low / no growth company?
That multiplex earnings + cash = ?
Anyone morefinance orientated care to fill the blanks?
OVH Price at posting:
13.5¢ Sentiment: Sell Disclosure: Held
