Why not a complete retracement back to the 2014 level ? In 2014 they made $7.6m and were talking about growth continuing like crazy. Maybe they can make that in FY18, maybe not...but what's their "growth" profile now ????
Agree with TJ's assessment, CEO's initial reaction to the Chinese situation still shocks me, (obviously had no idea whatsoever) so what reliability does one now attach to their forecasting ability given today's major forecast meltdown ? Then there's the Sea Dragon fiasco...really this company is starting to look like a complete fiasco itself. Maybe someone's head needs to roll and appoint someone who knows what they're trying to do ?