Be interesting to see when this gets cash flow positive hopefully in the next couple of months
We have continued to buy at .15 and have now got our fill so I guess the sp will tank now we have stopped buying and knowing our luck with this stock.
However With crystal buying into BMX at a PE of 30 with a debt gearing of around 43% it makes AZC attractive long term IMHO
Going on a PE of 30 would give AZC a CAP value of around $600M or 15 times its present value if they can get their expected $20M NPAT. Dont know if its possible but there has to be some positive movement in the sp even if it is not 1900% times present value ($6.00) a 50% rise in value would be nice though.
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