Chart, page-88

I'd be surprised if they alter their guidance right at the outset of the FY. There's a long way to go. If they can reach the 12m guidance then I think a $120m MC (32c SP on current SoI) will be the minimum. Because that'd represent >100% cagr for 3 years straight!

My estimate for this FYE is a guesstimate of 5.70m (assuming no attrition in the quarter). Which would be a 7.8x multiple on current SP. $5.5m or above is a strong performance to close out the FY (>80% cagr) and seems to be in line with what people here are expecting.

If we come in too much under $5.5m I think we're back to 10c in the short term. A good buying opp if the commentary for FY20 is optimistic.