Yes I meant under promising. Based on their forecast of over 15 mil, this is 8.4 mil revenue in the next half, not 9.4. And when growth appears to become stagnant, you cant assume that they will jump to an annualised revenue of 22.4 mil, an increase of nearly 50% in 1 year. The good news is that we have been cash flow pisitive, and forecast to continue this in the next half. There also appears to be some deals on the table as they hint at pending aquisitions, and jvs. So my gut agrees with you and tells me that growth is likely to come from multiple sources in the next 6-12 mths, and therefore im also holding. However, its difficult to value this company currently given this recent announcement, and slowing momentum is expected to put a lot of negative pressure on the sp. So this drop is no suprise. At what point this will gain support im not sure. Any chartist want to chime in about this???
BIG Price at posting:
32.5¢ Sentiment: None Disclosure: Held