Originally posted by 8horse
Valuation is a wild card. ISD market cap peaked at $1b, but now down to $57m.
Real changes are failed acquisition of King Content, costed probably $60m loss, underlying business revenue decreased slightly in ANZ region but slowly growing in Asian market share. Profit margin decreased. For such a worse situation, ISD is still making EBITDA low $20m (Net debt $43m).
Many speculative tech stocks are valued at multiple of ISD but making losses.
Gilead, activist US fund, paid average about $1.12/share for their 30.8m ISD shares, would be working hard to recover their money, imo.
That "Order" poster on AVZ is a ramper. If you look at his profile, he purchased a few weeks ago, hoping to make a quick buck, but is stuck as the Share price have crashed.
He is trying to ramp his way out.