This is an interesting stock, and I really like the Zoleo product and concept. I was about to buy in and was in the process of doing my DD when the price started to shoot up. I don't chase stocks when sharply rising or falling, burnt too many times. BCC has had one good quarter results so far, and based on the annualised EBITDA, I get a valuation MC of ~$38m (@P/E~10) which is roughly the same as the MC right now. So hardly a great bargain. I agree that Aus/NZ sales might jump in Q2, but not necessarily in the northern hemisphere (winter), and I assume most sales are coming from the US. Also, the trade action is illiquid and SP is currently very volatile, big swings, not many trades, sometimes <100,000 in a day. I think I'll wait until SP settles before jumping in. Your analysis and growth predictions look impressive, however, but I haven't yet studied them in detail.
All IMHO, DYOR
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