FOT
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0.00% 34.0¢ fortunis resources limited

Am shocked there isn't more buying on market. Given the...

  1. NightWatchman
    1,429 Posts.
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    13/05/15
    17:47
    Post #: 15273033
    Am shocked there isn't more buying on market. Given the exponential revenue growth and heat in the sector I think it's quite reasonable for this to be @ $2/share. Rationale provided below - also bear in mind the industry average for early stage tech stocks in regard to valuations is 13 - 16x EV/Rev.

    FOT.jpg
    FOT Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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