I agree that the company is priced at a very undemanding forward PE multiple assuming the get close to a 8-9 m edit , then it is being priced at sub 10 PE in a sector with lots of growth. The fact they start the year with nearly 4 m of revenue that was moved forward from last year is a big positive. Achieving a 50% return seems not to hard an ask from these levels
Ann: FY16 Record Results-PRO.AX, page-11
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Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $36.81M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 52.8¢ | 48.0¢ | $189.0K | 378.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34253 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 12500 | 1 |
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