The more I read about this company, the more I like.- Current...

The more I read about this company, the more I like.

- Current mkt cap of c. $14m
- Underlying NPBT of $2.44m (up 170% YoY)
- EBITDA of $5.7m (up $4.5m YoY)
- High level of Director Shareholding (and increasing)
- Beginning to self-promote via Investor Presentations (21/09/12)
- Low level of debt with debt/EBITDA less than 1x
- Successfully embeded Odyssey acqusition (June 2011). The acqusition is targeted to be fully paid of this current financial year!
- Victorian Poker Machine law liberalisation opens the Victorian market to this company which is primarily in NSW/QLD Pokies
- Exclusive distribution agreement with WMS Inc ($1.4B US Mkt Cap company - so small T/O possibility here)

Taking all this in to consideration, an underlying PE of 6 is nonsensical.

I think people are starting to take notice given the pop in volume over the last 2 days.

IMO this is a multi-bagger in no time.

DYOR - IMO ONLY