Look I’d say 35 cents is a good start, I mean it’s on 31x...

Look I’d say 35 cents is a good start, I mean it’s on 31x Revenue which looks frighteningly expensive for a business generating 6.7 m of which some of this is R&D

Committed ARR was 15m at end June but committed is not billed ..expense base of 20 plus million with a revenue base of around 6.7.

Cash flow break even in 2021 plus lots of shares sloshing around and generous management incentive scheme

You have lots of time here I feel...

Not sure what’s happening with the litigation also..gone quiet there

The hyper fish business generated abou 35 k in the period they owned it..so expectations are low

Even when it does turn a profit you’d put it on say 30x eps when you discount it back probably stacks up in 2024

So you have to look a long long long way out ...

Share price chart looks weak post the raise...