Ann: Results of Meeting, page-12

As long cash kept coming in and management is not swindling minority shareholders, market will eventually catch up with reasonable valuation.


I think the chairman is thinking the company can start reverting back to 30 million EBITDA per annum by end of next year.

I am happy there is 20 million coming into the door in the next 12 months. By then it will be debt free and throwing off 30 million in 2024 and maybe strengthen from there.

A debt free company with 2 tangible casinos and minting 30 million-50 million cash every year and management doing sensible thing like returning capital, 58 mil valuation wouldn't last long.