All new lows for McGrathmageddon
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Here’s the chart now down 89.5%

There’s no news. It’s still got a market cap of 38m, almost down to $35m McGrathmageddon himself siphoned off.
Only one analyst covers it so the forecast numbers are a joke, from S&P:
| Key Financials¹ | ||||||||
| For the Fiscal Period Ending | 12 months Jun-30-2015A | 12 months Jun-30-2016A | 12 months Jun-30-2017A | 12 months Jun-30-2018A | LTM² 12 months Dec-31-2018A | 12 months† Jun-30-2019E | 12 months Jun-30-2020E | 12 months Jun-30-2021E |
| Currency | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Total Revenue | 85.9 | 121.0 | 129.4 | 99.2 | 90.1 | 79.3 | 85.2 | 90.8 |
| Growth Over Prior Year | 18.7% | 40.9% | 6.9% | (23.3%) | (20.7%) | (20.04%) | 7.44% | 6.57% |
| Gross Profit | 50.7 | 74.7 | 79.4 | 61.1 | 54.4 | – | – | – |
| Margin % | 59.0% | 61.8% | 61.4% | 61.6% | 60.4% | 61.50% | 61.00% | 60.50% |
| EBITDA | 12.3 | 16.2 | 13.7 | (0.1) | (3.5) | (0.5) | 3.2 | 6.1 |
| Margin % | 14.4% | 13.4% | 10.6% | (0.1%) | (3.9%) | – | 3.76% | 6.72% |
| EBIT | 10.7 | 12.8 | 8.0 | (5.9) | (7.0) | (5.7) | (2.3) | 0.4 |
| Margin % | 12.5% | 10.6% | 6.2% | (5.9%) | (7.8%) | – | – | 0.44% |
| Earnings from Cont. Ops. | 7.0 | 8.4 | 4.9 | (63.1) | (47.2) | – | – | – |
| Margin % | 8.2% | 7.0% | 3.8% | (63.6%) | (52.4%) | – | – | – |
| Net Income | 6.7 | 8.4 | 4.9 | (63.1) | (47.2) | (3.9) | (1.5) | 0.4 |
| Margin % | 7.8% | 6.9% | 3.8% | (63.6%) | (52.4%) | (4.92%) | (1.76%) | 0.44% |
| Diluted EPS Excl. Extra Items³ | 0.07 | 0.08 | 0.03 | (0.44) | (0.31) | (0.02) | (0.01) | 0.0 |
| Growth Over Prior Year | (63.9%) | 10.4% | (59.2%) | NM | NM | – | – | – |
| Currency | AUD | AUD | AUD | AUD | AUD | AUD | AUD | AUD |
| Exchange Rate | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
| Conversion Method | H | H | H | H | H | S | S | S |
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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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