Its worth $7 easily. Already the baby is moving. Need some time now to re rate. I am gonna patiently wait and collect juicy $$$ flowing in April from divvy. No rush.
As they mentioned on teleconference, the H2 is super strong already. I think they are just conservative with FY result. I d think it would be closer to $18.5 - $19.0 mil.
The market will realise in next few days that we are talking about 40c divvy here which is 7% more or less from last close. I think come August we will be sitting at $8.
One last point, also on the call they said that they have identified new sales channel and the roll out will begin soon. This will be fully incremental sales. This sounded really promising.
TRS Price at posting:
$6.53 Sentiment: Buy Disclosure: Held
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