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One of the things that exercises my mind most with this stock is...

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madamswer

16,405 Posts.

7966

03/08/20

15:22

Post #: 46268495
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Originally posted by thebigbadbear ↑

$30m+ in tax losses means no tax paid for next 3-4 years

So lets say conservatively the services business makes $5m EBITDA in FY21 (they made $1.9m in H2 FY20)

and $10m EBITDA from the IMOD contract.

existing cash $8m

at the end of FY21 we could have a cash balance of over $20m and a services business that at 10 x EBITDA multiple is valued at $50m (based on recent sale of 2nd largest peer @ 10 x ebitda)

so $20m + $50m = $70m

$70m / 235m shares = 30c per share of assets that doesnt even take into the valuation of the technology business

so much upside!

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One of the things that exercises my mind most with this stock is the sustainability of that $10m pa in EBITDA from IMOD to which you refer.

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AVA Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.5¢		Change -0.005(3.85%)		Mkt cap ! $36.2M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$3.6K	28K

Buyers (Bids)

No.	Vol.	Price($)
10	531613	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	209201	7

View Market Depth

No.	Vol.	Price($)
10	531613	0.125
13	359394	0.120
2	60000	0.115
3	14899	0.110
2	38580	0.105

Price($)	Vol.	No.
0.130	209201	7
0.135	32385	6
0.140	311946	7
0.145	2636	1
0.150	228921	3

Last trade - 10.18am 16/05/2024 (20 minute delay)


Last 12.5¢			Change -0.005 ( 0.00 %)
Open	High		Low	Volume
12.5¢	12.5¢		12.5¢	30000
Last updated 10.22am 16/05/2024 ?

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