I think there's a very strong case of 15c being a reasonable target.
Revenue of 52m for the year at 1.5x which is very reasonable for a tech stock we are looking at 78m mc or 17.6c a share
at 17.6c a share we are looking at an P/EBITDA of 13x which for a speccie tech growth stock is somewhat reasonable.
If you consider its cash flow positive with facilities in place there shouldn't be any nastly dilution.
I predict a bit of a rush til 10c in the next week or so then it'll either do the pause or the full on loco move to 15c
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