Red flags, page-5

Looking bigger picture. Adding more on the weakness. 

Brad has an incentive that I’m sure he will be trying to hit. By November 2019 if OGA can haul 100T in the previous 12 month period he gets 4,000,000 shares.  Or $600k at today’s price. 

I’m estimating 2019 financial year 80-90T and he just sneaks over the line and biomass 230T. 

I have revenue at $4.3m on 90t at $48 per kilo and I think there is upside to that price given live shipments and separate packaged sales.

The margins are where I need some help. I’m of the belief it’s 70% margin business once all deployed giving 2c EPS June 2019.

Huon trades at 15x earnings. Tassal trades 12x and this has more 3-5yr growth then both combined. 

Every 100T I have 2-3c eps, so on 400t current capacity 2023 that’s 8-12c EPS ... give that a 8-10x multiple and you have 

$1.00 target for me.

im fine playing the long game - grow u little abalone grow.