Ann: Update on Strategic Review and Appointment of New CEO, page-72

Assuming they make around $50m turnover, based on past prospectus, the EBITA margin is around 29.5%.

This means EBITA could be $50m x 29.5% = $14.75m. Effectively the net profit before tax.

If you are working of a multiple of say 6.5, then enterprise value could be $95m.

Given there are approximately 220m shares on issue,

Perhaps this means the share price should be around $0.43.

I am not an accountant so do your own research and don't rely on my crystal ball as the numbers are not reliable!