Revenue for 2021 $22.6mil pounds > ~$40mil AUD
NPAT $1.4mil pounds > $2.5mil AUD
Given they actually turn a profit and are growing YOY like 7%, I'd say a price:rev ratio of 40 would be reasonable.
MC $1.6bil
Then, depending how the ASX court case goes, that will have a significant impact.
I think we'll either make money, or get our money back (or close).
