Adjusting for the latest cap raise and net debt position,...

Adjusting for the latest cap raise and net debt position, assuming a 4x EBITDA multiple we should be trading at 60c+.
I've run the numbers so many times, and I'm keenly waiting for us to get to a fair valuation.
It's been annoying seeing us do nothing, but valuation is just too cheap right now.
If we can't get to 30-40c in the next couple of quarterlies I'd actually advocate for running a formal sale process - the public market is clearly not valuing us appropriately.