From the last presentation, revenues from Overseas appeared to be growing at 100% every three months. For January we were 100,000. If that growth rate continues, by this time next year, Overseas will be earning 1m per month. But to be able to make that sort of assessment, we need at least another 6 months.
Though the UK is new. MBE are no doubt continually promising the advertising algorithms. So it's likely a big shift could occur and perhaps revenues could double every 2 months instead of 3.
But i don't think the current levels tell us anything. The price is right on the trend line now. It seems to be sticking very close to the trend line. That, is, it seems to be trending sideways/down. Market appears to be waiting. If they continue to wait for a long time, i suspect it'll head down a little bit. Maybe a range between 16.5 and 15c with no news.
