4m annualized profits and growing strongly? P/E would have to be 25-40. i.e. 10-16cps.
Low probability in that time frame, but not impossible.
I would be happy with a small increase in revenue and steady cash burn.
I had a look at the BBY research report. They were looking for positive net operating cash flow in FY2014. Clearly that is on track. http://investor.quickflix.com.au/IRM/Company/ShowPage.aspx/PDFs/1975-22894984/BBYResearchQuickflixLtd7May2013
QFX Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
