Wow with numbers like this suggest RNL valuation should be above $50 or higher…… even on a peer comparison and the stock price has not responded since announced on the 12th September.
- Cash flow positive in 2018 implies $2m+ in new sales in 12 months
- VCL expansion in UK plus RNL increasing functionality means more sales.
- Potentially the VCL contract is worth over $25m over the 5 years.
- USA expansion in QSR (Quick Service Restaurants) large market.
- expansion into the health market outside UK
- updates on China and Australian due.
Am I missing something?
RNL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held