Completely agree mate. They also assumed there would be no...

Completely agree mate. They also assumed there would be no meaningful uplift in sales, and yet Nova Eye has already locked in 30% growth this past qtr. The fact staff count has doubled over the past year (and is poised to double again later this year thanks to a new clean room coming online this month) is a clear sign the company sees this growth being sustained. It sounds like you read the E&P report as well? They definitely noted the (observable) very low cost base when visiting EYE's facilities in early June. No unnecessary spending by the company, clearly reflecting management's stated desire to ensure maximum returns for investors. Easy to see how this could be very profitable with a bit more scale.

I also liked the fact that the E&P view is from this guy: