Urgent turnaround, page-12

Buyers are definitely lurking here and Im one of them. And Mr million shares seller pulls back from 6.9 c to 7c. Fun and games this one and not many trades going through so hard to accumulate. This share is a value proposition with huge growth potential that is not shown in the price. This tech stock is priced like a boring profitable sandwich shop.

$15M market cap.
30/6- $3.8 M cash and total liabilities less than "trade and other receivables".
EV  $11.2M
$53M of accumulated losses.
Total operating profit for 15/16 is 14%
If we take out Urgent loss the operating profit would be $2,916,870 or 26% on EV.




Urgent has already announced a major contract win for its new SAAS style software.



We should see an acquisition or even asset sale soon. State seeker should generate more cash for TCN this year by paying back some or all of the loan funds. 50% joint venture partner may be selling, so I speculate TCN may also sell or buy?

Either way I hope this company continues profitability growth and can seize profitable opportunities whether that means buying or selling assets.
@Sector Lead - worth having a quick look at.