I agree, it will get to $1 , but when?? @ 1$ that is a $221M Market cap, and at 10x it will need $22M in EBIT.
so certainly not in FY 18 or 19...
all my point is how long is it going to take and that jumping in and out may be an option....
Bontempo/Buongiorno Netis have been at the helm going from $60M+ in revenue down to $15M...… and again the max saga will probably play out again with Lynas and Pensebene….
can't blame management for everything- the board is still at the helm of the company....
TPP Price at posting:
18.5¢ Sentiment: Hold Disclosure: Not Held