Totally agree Frisbeehead < LOL
anyway a turnover target of $100m is a good start and a EBITDA margin of 10-15% I think they will land at. Let hope Asia love this product and it is seen a high quality Australian produce.
The $500m revenue target isn't unrealistic, and at that figure the stock could be worth fair value $0.60c at 5 times earnings which is cheap.
Late February there are some great announcements in regards to sales that should pump the stock.
I was impressed by the deals done in the last month and i think it will have a great future so long as sound business fundamentals are followed through with customers.
Topped up on the stock today at $0.14c which i think is fair for its huge potential.
Totally agree Frisbeehead < LOL anyway a turnover target of...
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $50.36M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $84.71K | 504.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9645 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 67611 | 1 |
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| OJC (ASX) Chart |