We should see 6.5-7 tomorrow.
Perfect Storm. Fundamentals and Technicals are aligned to go higher with room for them to exit with good profits on any positive announcement.
15 cents will be high water mark if we see $2m in free cash flow for the quarter. 20 x $8m annually. Around $160m MC
Probably double that again by Christmas if growth continues.
LT working on around 1B shares as the float allowing for some dilution if earnings are achieved and options exercised.
I expect margins to double or triple for FY20 as they focus on owned products so my goal in a year would be around 50 cents based on around $150m turnover. 3 times sales
Cheers
Profit or Loss, page-217
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Last
72.0¢ |
Change
0.010(1.41%) |
Mkt cap ! $59.11M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 72.0¢ | 71.0¢ | $9.554K | 13.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18665 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 3117 | 2 |
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| Last trade - 11.56am 14/10/2024 (20 minute delay) ? |
| JAT (ASX) Chart |