A good comparison to an eventual re-rate for BXN would be JAT. (shares on issue JAT approx 500M, BXN 650M)
Currently JAT is trading around 18c with approx $200k in sales for the qtr (BXN did 4 times this and continues on a path of strong sales growth) JAT has launched a dairy product into China and anticipating substantial sales potential. BXN are working on their new dairy product Mymana launch into China.
Current share price of BXN wont last at these levels much longer imo, looking forward to the next 6 months.
A good comparison to an eventual re-rate for BXN would be JAT....
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