I think RBO should be on track to meet their half year target. I don't foresee them smashing it unfortunately.
Had a cap raising for 3 mil @ 0.045 in December 2017.
Set a half year target of $4mil.
Full year revenue for FY17 was around $3.2mil.
Sales in $1.3mil in October 2017. Released another announcement on the 9th of January saying their amazon sales beat expectation for December quarter. Made over $750,000 on their entry level product for their December quarter.
Looks quite on track based on the ANN’s so far… expect the SP to consolidate around 5.5-6 cents if we meet expectation. Bullish target would be 7-8 cents IMO
I would rate this as a buy opportunity at this SP as all the announcements have been positive so far.
Just my opinion, please do your own research
I think RBO should be on track to meet their half year target. I...
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.64M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $24.09K | 120.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 60000 | 1 |
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| Last trade - 15.08pm 17/07/2024 (20 minute delay) ? |
| SWP (ASX) Chart |