Bottom line:
An accounting software company acquired for $300K with revenues of $1m p.a. (if I remember correctly), capped at $200m.
Does this seem logical to you?
The ASX is stupid but perhaps they're finally sick & tired of being made a fool of.
Ann: Cloud based accounting package delivered, page-57
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Mkt cap ! $16.13M | |||
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| No. | Vol. | Price($) |
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|---|---|---|
| 19.5¢ | 10028 | 2 |
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