Yowies found in South Australia, page-11

you got m/c wrong - typo?
and isn't that M/C just the absolute bottom line here?
its crazy.
as you rightly point out --- M/cap 211m @ 40c = A$84m less cash of about A$39m gives enterprise value of about A$45m.
so A$45m for a company likely to do A$50m p/a? crazy.
YOW states it has a gross margin of 56%.
it should reach break-even by June/July ie couple of months.
huge potential for brand and product expansion.
its got to be a bargain