What's everyone's definition of a "Good Quarterly"?
Given that management s goal for 2020 is $2.5b in transactions, roughly 100% on 2019. Which coincidentally was roughly 100% on 2018.
So theoretically, we are looking for similar growth % rates in each corresponding quarter.
1st quarter 2019 saw 11% growth on its previous quarter, 2nd quarter (Xmas) grew on that by 47%.
So as long as we see around 11% growth this quarter, we should be on track to achieve the annual target.
That figure is Q4 $351M + 11% = $390M
IMO, that's the magic number to fulfil market expectation and hold the sp at current levels. Higher transaction volume should result in a leg up.
Price target $4.71, page-19
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Last
$1.82 |
Change
0.075(4.30%) |
Mkt cap ! $2.050B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.82 | $1.72 | $39.81M | 22.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 126671 | 13 |
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| ZIP (ASX) Chart |