bear in mind we dont know what the current cash position is. it was 43m as at 31dec2021 however until the continuing business become profitable the will burn cash. also the special dividend just announced has paid out some of that 43m. I would expect additional capex to re brand its full network and roll out machines to be able to offer the full Artisan range of services. See their website news article on the cairns re-brand and equipment investment to get a feel how they will move forward. if i get the time i may think through where we may be at come end june and post it. the current market cap of ~45m may move up strongly if they provide an favorable update on profit outlook and the recent purchased by insiders may have created a floor for the stock around the 20-28c level.
VTG Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
