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15.0¢ 5g networks limited.

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justsumguy

4,416 Posts.

185

25/07/20

15:09

Post #: 46065495
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Originally posted by decadon ↑

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.

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with the current revenue and profits they already exceed many ASX300 companies.

5GN Price at posting: $1.58 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 15.0¢		Change 0.000(0.00%)		Mkt cap ! $46.96M

Open	High	Low	Value	Volume
15.5¢	15.5¢	15.0¢	$207.5K	1.382M

Buyers (Bids)

No.	Vol.	Price($)
17	5973152	15.0¢

Sellers (Offers)

Price($)	Vol.	No.
15.5¢	1832666	22

View Market Depth

No.	Vol.	Price($)
17	5973152	0.150
5	1837948	0.145
5	168180	0.140
2	14821	0.135
2	15398	0.130

Price($)	Vol.	No.
0.155	1832666	22
0.160	770728	16
0.165	245130	4
0.170	508470	5
0.175	52258	3

Last trade - 14.05pm 23/07/2024 (20 minute delay)

5GN (ASX) Chart

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