you know Bob the current valuation of ISXEFU ?
my calculations is it currently lay between about 17 - 25 euro, based on revenue and growth. depending on formula they are using.
on the 17 euro that's about $25 aud (or 2.50 before the 10:1 consolation).
I am happy to wait until they secure some larger contracts (and 12 months after) before floating. they continue to grow - I wouldn't worry about Australia personally.
Flykk Money, page-882
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