RE: Great results today from MTEC. Re-Rate should happen....14 Sep 2023 11:29
I don't disagree with what you say, Dartron, but you have gone the wrong way in calculating enterprise value. It is now trading on an EV of £13.6m taking the mkt cap of £21.6m and deducting net cash of £8m. It probably deserves to be so, but this is undoubtedly 'cheap' if sales and profitability improve from here.