Given the company is cash flow positive and your assumptions are fully diluted I am factoring in a possible $10-$20M in acquisitions this year with $3-5M hitting the bottom line. This is on top of growth as per your estimate.
These guys will have cash and scrip at their disposal and 2 huge markets that are just starting UK and US
Acquistion Growth could see $50-$100M market cap added over the next two years IMO.
My target over the next 6-12 Months is $1 based on Acquistion growth alone given the strong uptake in Australia
I believe a lot of people sitting on the sidelines with this one waiting for confirmation and outlooks if they are good this will double very quickly given the way the charts look
Cheers
BIG Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
