Ive just jumped in yesterday, was impressed by the growth forecast and small MC. Fully diluted probably around the $30mil mark, but expecting to have revenue around the $4.5mil mark by end of FY18. Given their recent revenue for the 1h 18 of around 500k, it means they are expecting $4mil in the 2h, and becoming cash flow positive. If they actually achieve this, MC will possibly be 2-3x current levels. The growth trajectory could also see some significant upgrades in future if they are growing revenue so quickly in the early days. Would be good to have a market update from the company to see how their contracts are progressing.
CRO Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held