Today’s announcement says $1.1m net debt as at 31/12/17. The recent trading update said $1.6m net debt as at 31/12/17.
Assuming the real figure is $1.1m as at 31/12/17 then with a further two trading months now past it’s quite possible net debt is now nil or very close to it.
P/E right now must be the cheapest it’s ever been for this company.
Ann: Crowd Mobile JGB Debt Update, page-5
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