re: undervalued heaps-cedar009 cedar009...
How about this for some "expert advice"...
market- huge
cashflow-heaps
potential-enormous
LOL...
Oh yeah...and given the previous quarter's cash burn rate, it looks to me like they might be close to break-even for the current quarter...in fact, if they can achieve any sort of down payment from this new "11 Country Agreement", we may even see them in profit.
Wouldn't take much income from this new agreement to put them in the black and when you consider just how few shares are out there, their eps could end up very healthy. For example, applying an earnings multiple of 15, which I think is more than fair, they need to make just $2.5m profit to justify a $1.50 share price (fully diluted)
Anyway, might be getting ahead of ourselves here...need to get some income first!
Cheers!
re: undervalued heaps-cedar009 cedar009...How about this for...
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