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).
Yea i agree, 2-3 yr turn around story if everything goes to...
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Mkt cap ! $17.35M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.9¢ | 5.8¢ | $11.79K | 200.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 85000 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 5.9¢ | 7775 | 1 |
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| Last trade - 15.06pm 29/04/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.0¢ | 5.9¢ | 54000 | ||
| Last updated 15.06pm 29/04/2024 ? | |||||
| CDX (ASX) Chart |