I did a simple projections a month ago and was working on restarting to grow Revenues and NPAT at about 10% a year from FY23 onwards. With a conservative 10 P/E, fair value would have ranged between $1-2. This update threw off all my assumptions lol as I have no clue if FY24 and FY25 NPAT will be in the range of $5-10M or $30M One note was saying that they have some big contracts expiring which will impact revenues in FY24, so I didn't read anything promising or quantifiable in the update.
BVS Price at posting:
75.0¢ Sentiment: None Disclosure: Held
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