APT is valued at ~$2500/user, or 2x GMV. LBY won't be valued at that multiple, but even at half of that, assuming $1250/user, or 1xGMV, we would be looking at an valuation of A$750m to $1bn. from any angle, this company is deeply undervalued. we could see 1 to 2x from here, if there's a consolidation play.
LBY Price at posting:
43.0¢ Sentiment: None Disclosure: Not Held
