When you have Major customers like Alcoa, US-Gypsum & Bridgestone and you are supplying for their Capital Expedentures in Operations and Supply Chain for AGV sales, you know that Transbotics was making some serious cash.
Now, JBS group will probably want to integrate Transbotics in their Pilgrim Pride processing as well which means more business.
The impressive thing is that, even though Scott-Automation bought out Transbotics, they continued to let $TNSB be listed on the US Markets.
That only means, that now they have New Zealand representation with the original ticker which is trading under Symbol $SCT at $2.70 NZD (or $1.86 USD).
This means that Scott Automation wants Dual Listing or is looking to bundle all their US Operations under $TSNB ticker. With the financial backing of Scott & JBS, $TSNB will be even more prudent in their quarterly and annual filings, get a complete audit and the transparency will become much more evident. In other words, from a Management and Adminstration point of view, $TSNB has gained some serious market Credibility with this new structure.
$TSNB should easily be at $4.95/sh as you say on $25Million but from an EBITDA point of view, I think they are also profitable and should be at a minimum $2/sh.
For now, I think its a bee-line to $0.60 in the short term, very easy.
Once again, Great DD.... keep up the great work and load-up while the getting is still good here at only $0.10/sh