Market Cap is about $10M. Debt is about $50M. So market is putting a $60M valuation on the "monitored lines" bringing in $25M in sticky cashflow.
Do your own research, but that seems cheap to me. At 3 to 4 X revenue that is $75M to $100M. I could be wrong and they are actually worth 2.4X.
I assume the debt providers are not silly.
To borrow $50M to buy "monitored lines", those lines would need to be worth at least that even in a fire sale?
Qu1. Any guidance on cashflow? Turning positive?
Qu2. What are Monitored Lines actually worth? Sales evidence?
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Last
43.0¢ |
Change
-0.010(2.27%) |
Mkt cap ! $129.7M |
Open | High | Low | Value | Volume |
43.0¢ | 44.0¢ | 43.0¢ | $75.9K | 175.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 64152 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 150000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 64152 | 0.430 |
1 | 24969 | 0.425 |
4 | 19277 | 0.420 |
2 | 8900 | 0.410 |
5 | 46100 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 150000 | 2 |
0.450 | 29925 | 2 |
0.475 | 24149 | 2 |
0.480 | 75000 | 1 |
0.000 | 0 | 0 |
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