Thoughts on this logic:
- $1.4m per month opex expected for this quarter.
- Cashflow positive by the end of the year on a monthly basis
- $800k achieved in June month revenue
It is possible, but will require significant growth, to get $1.4m in monthly revenue by december. That would make us breakeven assuming current costs continue.
$1.4m monthly revenue -> $16.8m revenue annualised. 30x sales multiple is fair given Dubbers growth rate and gross margins. This would give a market cap of $504m. With 187m shares on issue this would give a short term price target of $2.70.
Ann: Quarterly Update & Appendix 4C, page-12
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $22.19M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.6¢ | $29.27K | 1.726M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 6675164 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1986172 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DUB (ASX) Chart |