Interestingly enough they have increased their expected 2015 FY revenue targets from approx $160m to over $200m.
If they satisfy their expectations, should see a significant increase in earnings the next few years, especially to justify a re-rate of share price. Would not be surprised to see NPAT double in next few years, perhaps even more than double. If so, then with 50% payout ratio this would be a nice dividend yield at current prices. And that is on top of capital growth.
CGR Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
