I "sliced" at 99c - instant regret! Went against my strategy of not selling while the uptrend persists. o well...lesson learnt for the 10th time.
Lucky to still be holding 75% of original holding. Planning on trimming another 25% of original around $1.40. Even if revenues for H2 are double that of H1, we are looking at circa $10m in sales so at $1.40 shares will be changing hands at around 100x the revenue. Great company, but that's a lot of blue sky built into the SP if the price reached that level. Even at the current price, we are talking around 70 x revenue.
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Analysts pick Pacific Edge to double in value, page-16
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