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25/10/16
16:46
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Originally posted by wubing
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Because the previous revenue WAS so small ~100K only, any increase is like many 100% increase in revenue. And just need a simple title and will give a big ramp to 1PG share price.
I could not predict exactly how much, but I would say any increase is huge in regarding the ramping up rate.
That is one logic.
Another one is we have a few million dollars worth book build we do not need much of that convert into revenue, we only need a few percent, good enough to boost share price.
That is why I think a re-rate would be very immediate and probably we cross 30c on the news.
JUST IMHO though
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Let's hope shareholders are not that foolish.
Only good thing is cash on hand was $23mil last qtr, will be around $20mil this qtr? Good for a couple more years...
Has the company given any indication on revenue Sept qtr?
When is Sept qtrly due?