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Well I didn't think it was a nothing announcement. Most...

  1. CaptainBarnacles
    11,615 Posts.
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    13/09/17
    12:47
    Post #: 27184539
    Well I didn't think it was a nothing announcement.

    Most importantly: The FY17 revenue target was $US 4.2 (Nan) + $US2m (Sen) = 6.2m. Now target is $7m. So that is about 15% up.
    Also: FY18 sought target was $7m forecast before the Nan acq, now seeking a $12m forecast. That is an acceptable demonstration of some confidence in the acquisition, and I hope this forecast turns out to be conservative like the forecast at the time of the Nan acq.
    SE1 Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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