Koro, not sure why you thought it was a "sleep easy" at a share...

Koro, not sure why you thought it was a "sleep easy" at
a share price of $2.00. At that price, it equates to EV/EBITDA of over 8 times and FCF/EV of just 5%. Note sure why you bought it at that level. I certainly wouldn't sleep easy at that sort of valuation.

But at 18cps (or even at my entry price of 37 cents corresponding to EV/EBITDA of 1.5x and a FCF yield of 25%), it was an aboslute no-brainer.

Sleeping easy is simply a function of valuation.

Cam