The dwarfs have fled the scene. A market cap of 20 million for Oroton is insane. The agressive selling campaign amidst uncertainty has been plausible. The rebound will be hard and fast. Remember, sales increasing, margins increasing, debt diminishing and profit forecasts can easily return us to a 1.5 PER by the end of next year. Using this ratio give me a market capitalisation prediction of 120 million of circa 280 cents per share. Believe it or not, this was ORL's share price 12 months ago.
ORL Price at posting:
49.5¢ Sentiment: None Disclosure: Held