Hi Tela, this was something I owned in the 5-6c range then sold out off. Kept an eye on it then everytime it dropped to under 9.3 I bought more. Cash is good and I think the next financial statement will be very telling. They are claiming (like all good CEO"s ) that CRs are ended as working capital expenses go, only acquisitions if needed. So any CR will be only pluses from this point. Seems like a good buy, so I did. Don't quote me but I think I read somewhere 5x revenue currently but that seems pretty low for the growth that is happening. DYOR but I think 25-35c within 12 months is my target.
) that CRs are ended as working capital expenses go, only acquisitions if needed. So any CR will be only pluses from this point. Seems like a good buy, so I did. Don't quote me but I think I read somewhere 5x revenue currently but that seems pretty low for the growth that is happening. DYOR but I think 25-35c within 12 months is my target.
