Australia is doing well,
I am estimating the US will lose about (A$10m) - FY17, and (A$6.5m) - FY18
The company will turn a profit in FY18, positive EBITDA FY17
I expect US to become profitable maybe during FY19, but more likely FY20.
I'm looking at 3-6yrs.
12 months is a very short time frame, it could work out well, but the market can remain irrational for long periods of time.
NEA Price at posting:
66.0¢ Sentiment: Hold Disclosure: Held
