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21/11/22
19:48
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Originally posted by kelkent:
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Hi All, Thought i would summarise some key notes and items. We can all then build on them.Current MC - $19 Million90c Options Exp Jan 2024 - 22 million (Essentially doubles Market cap) However would boost cash balance by same proportion if exercised today.Cash at March 31 2022 - $1 Million ($2.8 Million Placement completed since, this will have increased)Guidance for these 6 months - $6-7 Million EBITDAEBITDA to Free Cashflow - 61% in 2022, this should represent $3.5-4.5 Million in free cashflow for 6 months. Now lets connect some dots for the next 12 months and exclude any growth opportunities. Free Cashflow x 10 Multiplier - $80 Million MC ($60 Million in current shares plus $20 million in Options). - Based on $8 million in free cashflow What does $60 million in current share price mean? Roughly $1.80. What does this represent in Options? I will let others do the maths. Looking forward to seeing if they execute and the 6 monthly report coming out anyday
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one week and a bit until Wednesday 30th lets hope they deliver it early and we can see how they track in execution.