The people looks after our money ..
They are best known for numbers and decesion making.
When he says this.
"Mr Fisher founded the company three years ago and claims to now be profitable. Intiger has forecast it will deliver net profit of $40 million by 2018-19."
I believe this is calculated accordingly and likely a conservative numbers.
Because when u say this numbers in public, u dont want to be too optimistic just in case it hurts ur name if the target is not met by any chance.
Net profit of $40M is a huge number..
when u look at the a2m...
Net profit of $NZ30.4M
52 week high $2.36
Share issued around 700M
(Yes different sector )
Now IAM with profit $40M?
Share price ..?
Even net profit of $20M makes me very very happy.
But... this comment sends me to the moon.
" The management is looking at even bigger numbers "
Whoever created a potential billion dollar company thread, I think I owe you this...
View attachment 314246
IMO DYOR.
