tracking nicely, page-2

Aim,

curious how you arrive at your valuation of $1 by end dec for qfx?

net loss of $2.6 for last year, based on earnings and a generous multiple, they would need to have a turnoaround this year to post an ebit of around $2m+ with similar growth prospects the next year to warrant this price, is this what you're forecasting??

cheers