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SIT mark2 now on track to repeat growth after massive Covid...

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Jardene

178 Posts.

11

02/04/24

09:23

Post #: 73141393
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Originally posted by SteveSage: ↑

Seems to be significant change in the KSA operations and they continue to talk up the potential there - although if they don't have an in country partner, I wonder who is going to be sending them the trainees and also whether the added operational overhead (can't be cheap to operate in KSA) will mean this is profitable growth

Another release with big big numbers (and just have a look at their MC), but the numbers we have seen to date are not quite reflecting all the positive announcements we have seen over the last 6-12 mths....I've been saying this for some time, but surely they should get someone to pull together some numbers, do a 30-40% haircut and then start providing something concrete to investors......USD17m revenues in 2025.....what does that mean for SIT shareholders?!?!

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SIT mark2 now on track to repeat growth after massive Covid damage
Rev target of $25+million for 2025 looks achievable.
Market cap of $6 look ridiculous . Clark Airforce Bass land holding alone worth $6million . Rezoning of CAB due soon could increase value of land holding by X 6,
jardene

SIT Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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