Saw the agreement with ALIPAY today & decided to do more reading
Love what I see as its 35m mkt cap & forecasting the below for the full year
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So this is essentially trading at 3.5x 2018 EBITDA... that's ridiculous IMO.
Also - this is before today's ALIPAY agreement.
Clearly the smarties at Microequities Asset Management have been all over the story, accumulating 16.26% of the register (almost 28m shares)
It's now also clearly being capped IMO with those dummy offers at 23c so someone can accumulate as many as possible under 23c.
I just can't believe how far under the radar this has been given its financial performance to date.
Hopefully this ALIPAY deal brings it in to the spotlight.
Saw the agreement with ALIPAY today & decided to do more reading...
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