Looking at the current market cap and the profitable, growing...

Looking at the current market cap and the profitable, growing Australian business performance, I would say it would be pretty much the same to be honest. It could even be higher the way growth stories are being valued at the moment.
But thats one of the reasons I'm in this one and one of my larger holdings - its that by using standard valuations the US division comes at no extra cost.

...or does it come at no cost? Its looking like years from being profitable and with tech that could be too long. Those US revenues need to resume accelerating - the last half must be a blip - or the US sector will become a liability.