SP1 0.00% $1.07 southern cross payments ltd

ISX Overview, page-12

  1. 2,369 Posts.
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    A doubling of revenue will take the total revenue for 6 months close to ~.8MIl
    This gives a yearly forecast of 2 Mil revenue from a company whose larger parts of the contracts have only been signed in July/August.

    I would expect SP to be 25 cents +/- 5%

    The previous trading range was 23 - 25 cents before a slight dip and down to a steady 16 cents range.

    The one that I am most anticipating is the Quarterly from Mar to June because that's when I think the annual KYC will take place for most AU companies including XM.com

    If that quarterly shows a revenue greater than 500-700K I think 30-32 cents will be achievable by July 2017. This represents a 100% share price appreciation in approx 7 months.

    Remember , they may need to raise money in the future and I think the raise will most likely see the price head well north of the 32 cent mark I am predicting. Last raise was at 40 cents so I see no reason why the previous insto's will let it dilute under that mark.
    I am just shy of 19 cents AVG with a very high attribution in this stock. Second top holding include VRI and BRN. I think we should reasonably expect 100% + return over the next 12 months.
 
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