Don't like people dominated business models (the insiders clean up)...but this is exceptional value imv (modest premium to TNW & EV/runrate EBIT not much higher than 5)
taking EV as £30m (so ignoring JetCard cash)...decent management, reasonably well placed in tough but growing markets imv
...decent value, but only 1/3 of original sub £3 holding now...eyeing up £3-3.50 range