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  1. 7,877 Posts.
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    good call kingy, i hadn't looked at the value utilising the PE method. As CXN is a growth stock a PE of 10 would probably be conservative though the fact that it's a small cap would counteract this. I invested in and out of AMM that had similar growth profile and size (though CXN would have higher growth, much lower size) and that used to trade or at least be valued at a 6 times EBITDA or PE of 10.

    i'm more bullish on the stock now and think 6-10cents by mid next year is definately achieveable. i'm still buying.
 
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