i'm in. Cash 31m negligible Debt MC 32m PE 1.85 Pays dividend...

i'm in.

Cash 31m
negligible Debt
MC 32m

PE 1.85
Pays dividend 0.6c = 10%
And expanding business.

Yes it is madness, and thankyou for the thread title that alerted me to this one.

Pretty clear that it is the escrow shares responsible for the sell down from 26c, IPO 20c.

Earnings will see this rally.

Escrow sellers need to think about selling their stock or collecting a 10% dividend.
And they may want to get the shares again higher before reducing.

It is an overhang, for sure, but it is priced right on fundamentals to find support.