Blue Ocean values at 30c near term

  1. 1,434 Posts.
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    Well it didn't take long for the upgrade to come with Blue Ocean placing a near term target of 30c and a strategic target of 60c which is music to my ears.

    $31 mil turnover this FY and EBITDA of $5 mil.

    Upside significant if they replicate the Aussie formula in the UK leading to EPS of 3c. Correct assumption.

    International revenue now at 6% and growing to 10% by June 2015. Lovely.

    You had better put your buy order on in the morning Q as the pendulum is swinging champ.
 
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