Went to the AGM today - great result - increase in Rev to ~ $70M+ (and f/cast 10%+ growth 2020), increase in GM to 20%+, positive EBIT and NP and finally debt nearly wiped out.
Locked and loaded to for rev of $80M in 2020 with GP of $15M and therefore NP of $7-10M (my estimates). Therefore i can see SP doubling to 20c over next 6 - 9 months (when 1/4' lies prove the trajectory).
GLTAH - bottom drawer this and review after Q3 results next year.
Ann: QHL 2019 AGM Presentations & FY20 Forecast, page-2
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