The 85c was downgraded target.
Based on the last quarterly results, they are likely to upgrade the target again, probably back to $1.25 per share due to exceptional results from Aussie division and first sign of pick-up in US business.
Currently Annualized Australian revenue is about $32m, EBIT would be $16m.
Annualised US revenue is about $2.8m.
NEA aimed to achieve $30m - $50m for US business by December 2017, this was a very optimistic target, but it may happen in 2018 as US market is much bigger than Aussie.
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