This is great news!....targeting $30-50m in US sales within 26 months. As I said in a post 6 weeks ago; the analysts can no longer NOT incorporate meaning earning 'guesstimates' into their models.
Our new followers at Chardan will have to revise their latest numbers....For FY 16 if we get $40m for Aust and if I assume US$20m for the US this gets us A$65m revenue. Using Chardan's 8 times revenue valuation metric of 8 times, I get $1.54 per NEA.
Now that's what I call a growth story
Cheers
NEA Price at posting:
53.5¢ Sentiment: Buy Disclosure: Held