15c plus ?, page-6

One issue here, is you have the whole registry change hands at 7-11c

theres probably 120m shares in real available liquidity.

And they all bought in the last 3 months.
And some of them, want 2c profit. (because they have fear that its all too good to be true)
While not focusing on the fact that we are trading on a PE3, and for a measily 2c profit, they are selling for PE3.5

There has been enough VWAP at 11c to re-own the 120m shares at that base.
A few original buyers who swooped on the 6-7c (occurred with escrow sells) remain, who can take even a 4c profit.

Now for the record, i am one of those 7c buyers. But, i believe that this can return to its IPO pricing of 20c Plus PE7.

Eventually all the short sighted 2c profiteers will be bought out, by who? those who see PE10 = 35c.

Why PE10 ? have a look over past threads, this is a ready cash engine grown from nothing to 425 stores, and is set to grow to 1000+ stores, which will run the earnings to a higher 10c eps. thats comes with a share price target on PE15 of $1.50

So you decide if you want a PE3.5 from you PE3 entry.

2c profit, or 142c profit.

So 15c? well, if the main fear to sell for 2c profit, were the fear mongerings of the Motley Fools articles, which suggested that as our interest received on our bank accounts was so little, then the 30m cash in there, must be a fairy tale.
That is what the audit is about. Validation. Remove that fear, and maybe we'll run out of 2c profiteers as buyers overwhelm them.