KDY 0.00% 2.7¢ kaddy limited

4.5c Share Price Target By July 2021, page-22

  1. 3,387 Posts.
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    @Tradingdreamz88, I think there is a massive accumulator in the market at the moment for DW8 shares.

    Someone is trying to place a wall of shares at 1.2c to encourage sellers to offer up shares at 1.1c, which are immediately being snapped up on market. Once the 1.2c wall breaks, I think we could easily see 1.5c hit within days/weeks. The Q4-FY20 results will also provide a catalyst for the share price, when quarterly growth of 100% is revealed.

    It simply doesn't make sense to me to be selling at 1.2c ($12M market cap) when this company is experiencing (and on track for) a compounded annual growth rate (CAGR) of well over 400%. Within a few quarters, we will have hit $1m in revenue per quarter and are likely to be valued at $40m+.

    T.E.P.
 
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