It's about growth, growth, growth, not fy13 earnings, it's about fy14, fy15, fy16 and beyond earnings. Some stocks with exceptional growth trade on 10x for 2020, not 10x for fy13. RQL approaching $50m rev as at end of Oct, this is massive imo and shows the calibre of mgmt to deliver on targets and future growth. Market needs to wake up here imo. It slowly will.
