no net profit so no PE. IMO you can only value the company on bottom line revenue in 1h and eofy reports not receipts. given their revenue growth rate you can probably give a fair SP of around 1.5 ... but that is a very ballpark figure and very pessimisticly assuming the financed sales are all duds. another 30c either way is possible based on market sentiment. it will take a long time for big to get back nearness highs. can it do so? who knows. as far as I can tell the cash in he bank is under 10m as the capital with FCC is actually just the deferred revenue liability I believe.
one thing is for sure. there will be epic bounce trades on this when it relists so traders will really play with it
no net profit so no PE. IMO you can only value the company on...
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