Looking ahead10 Feb 2019 14:24
Trying to look ahead and ascertain our current MCap in relation to our upcoming year end results due next month, we know the following:
Cash reserves have increased by 900K from June 2018 to end of Nov 2018. 5.1 million.
Expecting double digit sales growth and a positive EBIDTA.
We currently have a MCap of 18 million. How much is the current share price factored in by the upcoming forecasted positive trading report? if we were to have a EBIDTA of circa 2-3 million, how would that translate to the share price and MCap. Of course there are many other factors that can effect the price.
Appreciate anyone's thoughts. GLA