Nano_Land, my expectations closely agree with your prediction of...

Nano_Land, my expectations closely agree with your prediction of $2.25 by end of FY20, based on the growth in existing businesses, and the addition of several new revenue sources. $2.25 is a further 36% gain from the current price, not including dividends.

A further possibility given the declining debt levels is either capital management or further acquisitions. Either way, there is upside to your predictions.

I do think that, by August 2020, with actual and guided annual growth rates of around 15% or more, the P/E could easily get above your 15 level, particularly if the interest rate environment remains benign.