Short Term Trading Week Starting: 31 July, page-35

FSG




So they are on track with the 1/10 ratio revenue to EBITDA. If they hit that then 32 mill MC is ridiculous

5 mill EBITDA to 32 mill MC ration of 1/6

In 2021 the company was trading at 19 cents with revenue at 19 mill and EBITDA at 1.97 million (1/10).

At 141 mill MC back then with 1.97 mill EBITDA (projected 4 mill EBITDA) that's a ratio of 1/35

Potentially overvalued back then (only high due to potential significant upscale) but at 1/6 EBITDA this is too cheap

All IMO anyway

Chart looks to be bottoming here