Financial freedom by 2019?
TARGET CHANGE
CHANGE IN TARGET PRICE€ 0.53 vs 0.61 -12.2%
Note that we changed our recommendation from a Call option recommendation (held for almost two years) to a Buy in June 2017. We believe that the debt restructuring and the strong guidance (namely €18m of revenue and a positive reported net profit for FY17) are positive elements. We believe that the company could become cash break-even from 2019 onwards, which would be a very positive element and a strong ....
16 Aug 2017
Financial freedom by 2019? (Gaussin)
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Financial freedom by 2019? (Gaussin)
Financial freedom by 2019?
TARGET CHANGE
CHANGE IN TARGET PRICE€ 0.53 vs 0.61 -12.2%
Note that we changed our recommendation from a Call option recommendation (held for almost two years) to a Buy in June 2017. We believe that the debt restructuring and the strong guidance (namely €18m of revenue and a positive reported net profit for FY17) are positive elements. We believe that the company could become cash break-even from 2019 onwards, which would be a very positive element and a strong ....