4.5c Share Price Target By July 2021, page-19

What level of quarterly revenue do you think is required to justify a share price of 10c, which would be a market cap of over $100m? I think we would want to see at least $2.5m per quarter to justify a $100m market cap, in conjunction with a strong growth rate (10x PSR multiple). Alternatively NPAT of at least $2m p.a. (growing earnings at 50% p.a. for a PEG=1). It could be possible by the end of FY21, but it would require amazing growth across the next 5 quarterly results.