Mate we've got the same train of thought on this, your posts are bang on. $20m for the year is what I've been anticipating as well. The Indonesia move is a good one but it will bring costs up. The market in Indo is hotly contested, to win market share will take more spending. if you remember my analysis a week or two ago; $22m revenue should see the share price reach $1.80 based on comparisons in the sector.
I'm glad you jumped back in when you did.
$1 Club, page-7336
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Last
2.5¢ |
Change
-0.002(7.41%) |
Mkt cap ! $50.75M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.5¢ | $745.9K | 29.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 11456487 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 989313 | 2 |
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| OVT (ASX) Chart |