Reasonably comfortable in forecasting with combination of L7 half year revenue from December acquisition and revenue from the existing Cirrus business going into June 16, our total revenue will even on a really bad case scenario still exceed MC of circa 20m with good upside.
Also from memory the escrow shares are not freed up for 2 years being july 2017 and current shares remain fairly tightly held meaning a run up can be fast as we have previously seen. Let the games playout at this level and a rise will be inevitable at some stage in the near future in my opinion
CNW Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
