Ann: Crowd Mobile JGB Debt Update, page-5

Today’s announcement says $1.1m net debt as at 31/12/17. The recent trading update said $1.6m net debt as at 31/12/17.

Assuming the real figure is $1.1m as at 31/12/17 then with a further two trading months now past it’s quite possible net debt is now nil or very close to it.

P/E right now must be the cheapest it’s ever been for this company.