Pigs, from the BBY guff they estimate rev of $8.6 2010F rising to $15.9m 2011F excluding milestone payments. If that were the case then cash wont be an issue. Clearly they're not expecting POH to drift thru raising after raising solely due to this "3 year" fib.
Reading between the lines, as house broker they've clearly had detailed discussions with the Co. re the content of the research.
BTW I believe we'll have more research from another broker soonish too. I'd expect that will translate into new bums on seats as well.
bby coverage - price target 17c, page-4
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Mkt cap ! $9.507M | |||
| Open | High | Low | Value | Volume |
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| AVE (ASX) Chart |