bottom is in, page-69

the story behind the share drop is very simple. growth per quarter slowed from high 20% to low 10's and means future cash flow forecasts suffer. You can't be worth 4 billion today if your going to hit 200M free cash flow in 10 or even 5 years.

to be worth 4B today you need to be looking at 200M free cash flow in 1-2 Years and showing signs that it will be 250-300 in 3-4 years.

so yes they corrected down to less than 2B and they will probably correct down to a 1 to 1 - 12 month revenue forecast .

as in what will the annual projected revenue be in 12 months?

and make that the market cap.

now growth is ticking back up to over 20's this last quarter , it's important to pay attention to which part is organic growth and which part is acquisition growth.

people are taking this brutal pessimistic view in valuing this company because the tides are turning with free money from the government. it will be harder to take loans and buy property this year in Australia and America, and this has a down stream effect on our retail industries as loans are harder to pay