Quote Originally Posted by mikelee View Post
there are far cheaper (under-valued) shares out there with less chance of going belly up I reckon
you won’t find much “cheaper” from a market capitalization perspective that is actually a going concern still generating cash. It has a market cap of only $19 million, and a cash position of $7 million dollars, meaning an ex-cash enterprise value of only $12 million.

So being able to generate a $0.74 million net profit in a year where restaurants were closed by lockdowns for between 1.5-2 months, it seems on the face of it that the company is being valued extremely cheap.

I think it’s far more likely to be delisted by way of a management buyout.