I dont think 65c has priced in great numbers. Based on our forecast of around 7.5mil revenue for the current quarter, assuming ebitda around 2.5mil and profit of 1.25mil, anualised is 5mil profit. Our sp now is equal to a current PE of 20. For a growth stock thats not great. Were growing this year 400% in revenue. So I see us currently underpriced, and risk has somewhat been factored in. Even morningstar has a price target of 90c. I personally think fair value currently is around 1.20.
BIG Price at posting:
66.0¢ Sentiment: Buy Disclosure: Held