Depends how quickly the revenue pics up...
If the can roll out to 25 times current base for Banking App ... (as per Announcement with Union Bank) they could in theory quickly ramp up that $177K quarterly revenue to something like...$4M a quarter!
With Mywebs only just launched, but available to a network of agents... revenue should start to come from there too.
So any CR to expand the tech into other countries should be on the back of strongly growing revenues in the Phils
I'd prefer to see a placement to a strategic partner....
With all the Banking contacts these guys have, I'd like to see a placement to an investment bank.
Time will tell.. but either way .. things are looking very good for PIL
Ann: Peppermint Roadshow Presentation July Aug 2016-PIL.AX, page-17
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