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  1. 7,604 Posts.
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    Blech,
    A break even result from SMA ,coupled with steady growth of its customer base should be enough to warrant an MC of $50m.
    The cost of running the business is not huge & profit margin tends to be handsome.....Different from bricks & mortar outfits where CAPEX & OPEX eats away profits & shackles growth.
    Quite happy to hold.
 
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