OK - I am happy to be the one to start the new thread. $5 is around a fully diluted market cap of $830m. Working backwards from a 30x annualised cash profit multiple requires $27.6m annualised free cash flow or $6.9 per quarter which would require a 23% improvement from the September quarter. Given revenues have consistently been growing at over 40% this seems and entirely reasonable (even somewhat conservative) assumption. IMO
BIG Price at posting:
$3.85 Sentiment: Buy Disclosure: Held
