Irony in market pricing UNL vs NOR, page-6

@Myrkient & @KosmoS

I believe they have grand plans to begin the Investor Relations & PR process next month. The float was marketed to APP Securities' clients only. I have no idea why they didn't widen this process pre-IPO.

There in itself presents a compelling opportunity - when the PR / IR process kicks off, the story will sell itself... there will be a flood of new money in to the stock & will probably re-rate to the c. $1 level

(Remember NOR got to >150m mkt cap on the hope they had the figures UNL currently has... That mkt cap puts us above $1.20)

The UNL management team want to get the business in a position whereby it is turning over upwards of 100m within 2 years - at the current margins, this gives the business over 13m EBITDA... (using the current 1m EBITDA from 7.6m rev)

The opportunity is for investors to get set now - before the roadshows begin & the SP rockets... before they win new contracts (for which there is tremendous interest from the airline, insurance, travel portal & banking industries)...

They say the early bird gets the worm...