Market Cap = $60m
Net Cash = $21m
Operating Cash flow (half year) = $7.5m
Ebitda (half year) = $5.2m
EV = $39m
EV/ebitda (half yearly) = 7.5
EV/ebitda (yearly guidance) = 3 to 4
This is very good value at these prices.
I am not exactly sure why anyone would be selling at these prices. Much more upside than downside.
