I think thats a fair call bucko, I would expect too start seeing this rally pre xmas if things are on target as 53m * is around 50c on 8* ARR from memory, expenses if sub 20 be ok, sub 19 with acquisition will be good very good , they need to show momentem starting this quarter. They have to add 6m at least this quarter which would be 8.9m for the half year ( ex CYCL) , which is basically what they need to average each quarter from hear on in to June 2021. so momenmtum needs to double .Market is obviously sceptical so a rally would allay a few fears and get this back on track. Sub 53m would dissapoint me so its a good figure to work off.
Cheers mate
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I think thats a fair call bucko, I would expect too start seeing...
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