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Whatever multiple we choose for val's, if you are right and 2020...

  1. 2,319 Posts.
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    Whatever multiple we choose for val's, if you are right and 2020 rev is > $8m, we will have a +ve bottom line as well. Recession proof business and trading at approx. 5 times with high growth is a good place to be. When we get some clarity on numbers we will know if 10 times is more appropriate. I'd like to see them with more cash in the bank and aggressive in the acquisition space. No harm in placing another 10m shares and getting the bank balance up if they can see something worth buying.
 
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