abro085 : Ellex should be able to grow revenues significantly this year and beyond , from the lower $A , the increased market ( USA now open to them ) , and their own improved product range .... and possibly from those acquisitions too ...
... if they manage that into " meaningful profits " , the SP ought to reach your 80 cents in a year or two .... and if the market wakes up to Ellex , the P/S ratio may expand out from it's current 1.0 ... a modest P/S for a " biotech " company ...
The " game-changer " is their 2RT laser , which , if it is successful in the trials currently underway , could take the SP to a multiple of 80 cents ! ... could !!!
ellex acquisition company inc, page-29
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