Here we are:
End of FY18;
Trading at 5.4cps with a first $1m order in hand. and low on cash
3 months later:
Secured a minimum of $15m order on hand
2.5 yearsfrom profitability based solely on existing orders
1.5 yeqrs from cash breakeven based solely om existing orders,
Dozens of potential customers under ongoing discussions
And over $8m in cash.
The business has been derisked considerably - financially and operationally - and yet the stock is only 15% highet than he price at the end of last fin year.
Undwrvalued opps like this a rare and usuallly the window closes fast. Enjoy the ride upwards holders.
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