I bought this stock between 37-42c then sold around 33c. It was...

I bought this stock between 37-42c then sold around 33c. It was a bitter loss to swallow and I feel for current shareholders. It was disappointing performance especially that management was so upbeat in all the presentations. However at 10c it is becoming a bargain and potential take over target. I mean there will be definitely a company who will be willing to take 20 mil punt to acquire all that 50-70mil equity.

so at 14-17 ebitda for H1 the company would be around 4 mil pre tax which is breaking even. H2 would be tougher but who knows. I might take a gamble if it hits 10c. the company still is operating cash flow positive.