SP = 18c
SOI = 53.1m
MC = $9.5m
Cash = $5.5m
REV = $32mill (yes 32mill!!!!!!!)
a run of bad news and now back under the IPO price of 20c
peak and K2 in the top 20
recent revenue upgrade for the quarter after a period of acquisition and fraud guard system put in place.
revenue increase of 10% for the quarter in one month following business improvements.
with bad news under the bridge and capitulation done this looks majorly undervalued now and may see a nice rerate. this quarter may see the first NPAT.
