Ann: Baillieu Holst releases Velpic Research Report, page-8

The target price is just a dart throw guess - they said clearly at the start they don't know, so most of that 2nd page is simply twaddle

It is a conservative guess of revenue growth based on similar companies. With SaaS coys, literally anything can happen - so if you hold this stock you are really punting on management pulling off fast growth

I think the 20c short term projections on here were complete and utter nonsense to be honest - but 10c + is certainly a reasonable possibility if they kick alot of goals in the next few months for sure