yes might as well be conservative as we dont know how repeatable such a contract is. but we do know that it is all licencing revenue and when you consider the tax losses it is pretty much $10m straight to the bank account.
The business will potentially have over $20m cash in the bank at end of FY21 cant believe i bought this at $32m market cap!
So then we have the services business which should company a $50m based on current run rates. That is why when i saw how well the services business was doing despite covid i doubled up my holdings at 17c
We are still very much undervalued.
yes might as well be conservative as we dont know how repeatable...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.69M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $9.308K | 68.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 924712 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 759046 | 7 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
13.3¢ |
Change
0.000 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 13.3¢ | 28252 | ||
| Last updated 13.09pm 03/05/2024 ? | |||||
| AVA (ASX) Chart |