Originally posted by Galilee13
so based on what we know to date.
over the next 2 years revenue will be a min of $38m usd or c$54m aud.
So $27m aud per year
on 10x is a market cap of $270m or about 80 cps
does not imply any growth or further contracts
you guys do the math, why would you sell here? it's still very cheap. even on 5x gives you 40 cps
company should be cash flow positive now. another huge tick.
company continues to de risk. as news spreads new marginal buyers will come in. still no volume, so demand outstripping supply.
I hope all those down rampers have sold and moved on, or have you seen the light now.....
Can't see how GMV is cash flow positive now , revenue from this deal won't start until April 1.
June Quarter should be cash flow neutral with revenue of circa US$5M and outgoings of approx US$4,8M.
Will be interesting to see how they handle this quarter though ..COH $US2.634M and expected outflows of US$4.75M ..a little short.