Yes, good base forming with recent resistance now providing support.
Expecting the price action to move sideways until the next quarterly update later this month.
That should provide the confirmation the debt repayment and retirement of debt is almost complete, leaving very healthy free cash flow to remark the market cap towards $75 million.
Even then $75 million is cheap, using 12 times earnings for expected 2018 results.
Cheers Lute
CM8 Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
