I can see why syringe likes this stock and although it would...

I can see why syringe likes this stock and although it would have tested faith over many years, I reckon it is coming to fruition and will reward those long term holders.

Looking at its website it has about 100 clubs as clients and the US is gaining momentum.

The next quarterly report should show some healthy cash flow and due to its market cap, incremental revenue falling to the bottom line could have it rerated very quickly.

Ausbil Dexa are shrewd investors and for them to get onboard personally is a good indication.

I remember when I was buying OSH at around 80 cents, nobody believed in it and every analyst bagged it, now it is on every analysts watch list.

EBT could go crazy over the next year, I have seen some research with projections for only another couple of casinos to come on board in the US and they paint a very positive picture.

As with any stock what is the downside - I would think having around 100 Australian customers is going to protect the downside.

Looking at the board, they also have some good intellectual capacity onboard.

If it does not take off, I would think one of the big gaming companies would be interested in it.

Only time will tell and it should be the next financial year.