market cap not reflective of real value

Having posted on this forum many times (although not nearly as many times as others) I have seen the (few) highs and (many) lows of INT. The lows in share price have rightly come about because of management failings and missing targets etc etc.

However, with the recent run of contract announcements (not LOI's) and with management coming clean on how they determine revenue it is clear that the market cap (of circa $23m) is now not reflective of the real value of the company.

We are starting to see some activity on the Buy side which suggests some astute investors have also come to the same conclusion. I wouldn't be surprised to see a lot more buying in the coming weeks as the market takes the "value" of this company back to fair value (in my view).

It isn't hard to see this company valued at $100-150m in a very short space of time if it generates margins of circa $5m p.a. (30% margin on sales of $16m p.a.) with a strong rate of revenue growth forecast year-on-year.

Just my thoughts......