Updated valuation, page-16

Ok, this is hypothetical, but based on recent announcements we had 3.5m of revenue for the first 7 weeks of the quarter, so that means the last 4 weeks have provided 7.5m in revenue. If we annualise that we come to 7.5 x 52/4 = 97.5m..

Updating my previous valuation on 97.5m annualised revenue (just for fun)..

$97.5m revenue for 52 weeks
Gross margin of 70% = $68.25m
Admin & other costs = $6.4m, leaves $61.85m
61.85m x 28% tax = $44.5m annualised NPAT
PE of 18 (due to market drop) = NZ$801m
= market cap AUD$790m
= share price of $4.85