the company would be silly to sell out cheap.... please remember credit corp listed in what year 2000 was it ?
23 years later credit clear under 5 years old listed. listed at 35 cents ran to over $1 raised in the low 40s twice and now 23
Heaps of cash and trading less than 3 times last 12 months revenue. On that basis alone it should be trading closer to 28-30. Clearly they hit a few walls with overseas opportunity and revenue in to scale.
But if they get this going no reason why it can't be 100 M rev business within 3 years and on conservative 3 times revenue in bottom of the market valuations 80c-$1 and upside north of that.
If they take an offer under 50 cents they be doing LH shareholders a disservice as well as there own pockets..
Just my opinion. DYOR
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3 | 99154 | 0.290 |
1 | 10508 | 0.285 |
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