Yea i agree, 2-3 yr turn around story if everything goes to plan.
But don't get hyped in the 50% revenue growth figure. Their costs for this financial yr may probably increased twice as much with the new hires, and product developments. 2020 doesn't look that great unless there's a left field announcement on new revenue ie china etc.
Here's a chart i made of net income from the previous years annual report, combined with their forecast from a broker report CDX commissioned, (8.2c price target).
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.94M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49999 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 114141 | 2 |
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| Last trade - 10.25am 27/06/2025 (20 minute delay) ? |
| CDX (ASX) Chart |
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