The guidance is breakeven by this time next year. For Wayne to hit this guidance he will need to deliver an increase in ADAPT sales of over 300% vs last quarter. If this growth target is hit the share price will respond nicely.
The good news is, if we are on track it will be evident in each of the quarterlies over the next 12 months. So the share price should show a very nice trend over the next 12 months.
Obviously if the numbers are being missed and Q4 2018 break even looks unrealistic after the next two quarterlies, probably time to reassess.
All IMO
The guidance is breakeven by this time next year. For Wayne to...
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$15.65 |
Change
-0.060(0.38%) |
Mkt cap ! $300.8M | |||
| Open | High | Low | Value | Volume |
| $15.72 | $15.85 | $15.51 | $1.660M | 117.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 312 | $15.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.65 | 626 | 1 |
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| AVR (ASX) Chart |