ALC 4.55% 6.3¢ alcidion group limited

Thoughts, page-4

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    no credit raise

    Kate specifically ruled that out at the meeting - saying that the cash level will rise through normal business activity

    she also said no acquisitions in the short term - the FY will be ended first and demonstrating that the previous acquisitions have been bedded down is prudent


    My estimate for revenue for this year is $18m

    my valuation is 4 x $18 = $72m
 
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