Range IPO, page-6

  1. melua
    14,880 Posts.
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    13/06/16
    08:11
    Post #: 18018783
    Morgans are forecasting break even for 2016/17 year yet valuing this at between $180M and $210M. Even 2017/18 forecast is $10M putting this on a two year forward P/E of 18X. Where are the emerging growth stories valued at sub $30M at IPO???
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