Bam!!!! BYL have just updated full year forecast of between 9 and 9.5m for the fullyear. This is above analyst expectations. This is above the last half year results - far out well done! This can only go in one direction and that is up. I am loaded to the hilt in this little baby, thanks to the sellers giving me cheap shares at less than 30c. Keep selling people cause I will keep buying.
PE of 3.6 at 30c!!! Come on market, wake up. At least give it a PE of 5. So we have at least 8.1c in earnings for the full year. Good chance they may even increase the dividend, that will put a rocket on the share price. So PE of 5 gives us a target of at least 40c, and we still have heaps of room to grow. Surely 50c is achievable, and I may consider selling here. Just my opinion of course, and if BYL is true to form it will spike and the continuous wave of selling will push this back down.
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