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
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $134.3M |
Open | High | Low | Value | Volume |
46.0¢ | 46.0¢ | 44.0¢ | $64.80K | 144.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 23399 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | 0.440 |
1 | 8000 | 0.435 |
1 | 10296 | 0.430 |
4 | 45850 | 0.420 |
2 | 6900 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 23399 | 1 |
0.450 | 45124 | 1 |
0.460 | 11294 | 1 |
0.470 | 20000 | 1 |
0.475 | 24149 | 2 |
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