yeah, but you failed to mention that they also show assets increasing by $22m too ($6m of this the tax adjustment no doubt).... these numbers are showing if they spend the money on other EPS accretive acquisitions... As at 31.12.16 they had $0.3m in debt!!!
Yep, never has anyone tried to hide the tax adjustment, it's been highlighted by management.... I am happy to price in the future revenue and EBITDA forecast of over $5m for 2018 fin year... you may not be....I was at the presentations last week and more than happy with there this is headed..
i personally have always thought that this may need to wait until aug-sept to grow legs share price wise, as i feel the market is wanting to confirm the actual profits rather than speculation... naturally, 2018 year is forecast better again.... majority of people factor in growth, other conservatives wont so much...
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