Thank
@imran khan for some excellent research on this one.
Imran, can I ask, have you met with management? And if so what was your impression?
The stock is at a bit of a tipping point. If sales keep growing at the current rate then there is enough operating leverage there to see huge profit growth and the current market cap would look cheap. On the flip side if they can't sustain sales growth then it is just another marginally profitable (loss making if you strip out R&D rebate) business that probably isn't worth more than ~$10m, maybe less. Easy money has been made, great work Imran and others who got in early. Question now is if that is it or if sales growth can push it to the next level.
