No no nextbigthing - $4.50 by Christmas - $5 some time early next year
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Just to be devils advocate, the sp won't be going anywhere if they "only" meet targets on the 25th.
The targets I am aware of are from last Decembers announcement:
are there any more recent numbers from the company?Quote:
...Looking ahead to 2016 the directors expect EBITDA to be between $48 millionand $55 million for the twelve month period. This lower level of financial
performance, compared to 2015...
Best Wishes
Paper Tiger
Hmm PT - you seemed to have silenced everybody
That $48m to $55m ebitda guidance for F16 does seem to be the only one - and that is indeed 10%-20% below what was achieved in F15
The share price was $2.40 when they said that. It is now 40% higher ...without any new news except the Chinese buying in at $2.60
Share price appreciation would imply punters are actually looking for a boomer of a half year result and updated guidance for the full year way beyond ebitda of $61m (F15 number)
But ongoing disclosure guidelines would suggest that $62m is tops - (if 15% movement is the guidelines for disclosing material changes than seeing it hasn't been done so far that is about as far as they can go)
You ruined the weekend PT - maybe $5 or even $4 share price is pie in the sky and my optimistic forecasts have no basis.
Suppose need to value as a no / low growth company on dividend yield and add a premium for a full take over
Hope drclip is wrong when he says the share price won't be going anywhere if they only meet expectations. At least he didn't say collapse.
Not a dividend hound but 17 cents doesn't seem much
Hi - where did you get 17c from as I can't recall it being that much?