pretty sure directors are supporting the sp at the moment, and a...

pretty sure directors are supporting the sp at the moment, and a couple of other small cap fundies who have averaged all the way down from 40c will also be supporting the sp.....my fair value is around 10c, and potentially they will have a cap-raising at around that level

EV at the moment currently around $75m (if you include deferred consideration)

midpoint EBITDA guidance is $7.5m (they did $2.2m in the first half, so who knows if they can do $5.2 in the second half)

There is no way I would be paying 10x with so much uncertainty

an NPAT profit is now a long long away, given they have increased their amortisation charge