Price Target, page-2

The CEO has stated that they have a medium to long term goal of increasing sales to between 100 - 150 million (interview with Alan Kohler dated 4 June 2020):

What’s the medium to long-term plan, Joe? What are you trying to build?

I think from a scale perspective, we’re about $50-odd million of revenue. In the sector that we’re in and with the competitors around us, we need to be in that $100 to $150 million of revenue and then potentially we’re an acquisition target or we might roll up into another business of a similar size, that will be the plan. But we’re having fun doing the acquisitions, it’s a great sector to be in, the technology’s changing all the time and it’s obviously in high demand in these current times.

So that is 2 X 3 times to what it is today. So on a very basic calculation based on yesterday's closing price of $1.59, a target for the share price could be $3.18 (2X) to $4.77 (3X). Of course, this all means nothing, but it is fun to speculate. DYOR.