I struggle to see any value here at Capitalization of around $190 mio,sure we have Bevan on board but he got his 50 mio at 5cents!
We only have total receipts here of $2.5 mio with acv of $4 Mio.
A couple of so called large contracts will not make that much difference say $2 mio a year even though no current customers have come close to this figure .I see a fairer value in range of $80 Mio to $110 mio which is between 12 cents and 17 cents I M O.
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