ebita $10mill vs market cap $16??, page-2

A bit late, but I thought the increase in revenues from Korea were great, Australia was flat so maybe they should offload this to Customers/MyATM etc and focus entirely on Korea.

The decline in profit (due to review and impairment of assets) wasn't good but 2012 should be much better (hopefully due to a lack of these items).

Reduction in debt due to cash flow was positive as well.

I still think this is undervalued considering the market cap and the revenues they are earning, they just need to control costs better.