Nothing will re-rate until institutions start accumulating. There has been no evidence of that so far in the past 6 months.
The only way that will happen is to continuously prove profit and growth which the company are doing. Next years FY report will make people sit up and take notice though.
You can take it to the bank that revenue will be over 80mil so that the board can get their shares. Profit will also grow with the acquisition of the plant, 2 shifts per day of producing product, not to mention all the other stuff going on. How much profit? Who knows.
If you're looking for quick share price appreciation, go look elsewhere cause this ain't moving for awhile IMO.
SP Discussion, page-298
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Last
66.0¢ |
Change
0.070(11.9%) |
Mkt cap ! $54.95M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 66.0¢ | 59.5¢ | $116K | 183.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 63.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 66.0¢ | 65879 | 1 |
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