I just did some basic sums looking back at their cash flow statements in the previous year.
For this 2015-16 FY, I believe revenues of $45m to $50m and EBITDA of $6m+ is very achievable.
With about 128 million shares, a share price of 35c minimum is my target for this year.
DYOR. I bought well and have absolutely no intention of taking a short term profit.
I just did some basic sums looking back at their cash flow...
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