Would love to know your reasoning as to why you think the market...

Would love to know your reasoning as to why you think the market overreacted.

In my mind you have a core business (RB) that is only growing top-line through paid acquisition, with the paid costs per $ of revenue rising. TeePublic is growing strongly for now, but is still relatively small in size and only sells apparel (thereby limiting its potential size). In the latest update, management's key initiatives in addressing their organic search troubles feel weak and they clearly haven't made much ground in this area since the problem was flagged in November last year. And this is all in the context of just achieving breakeven this year. The point I am trying to make is how is this a $300m+ market cap. business?