Originally posted by Michaeljob
Gotta say
XTD seemed like good value buying at 2.0c, a company making their crust with advertising boards in train stations.
132m SOI so a nice tight register and a MC of $2.6m with cash of ~2m and a net asset position of $3.7m therefore EV $0.6m or negative 1.1m depending on how you look at it.
Revenue is circa 3m so they are trading at less than 1 x revenue
What really caught my eye though was that have bought in 2 new recruits to freshed up the management, both guys are ex ECG and both have e-commerce backgrounds.
Oh and they have a collaboration agreement with IBM...
Stupidly cheap here IMO
Listed options, but not available on market? Not on commsec at least.