As per the recent market update, an excellent result. The commentary is more positive than I expected. Good value...if full year is double the half at 1.4 cents eps gives a PE of only 7. Nihil...The numbers stacked up for me...Not all the sales have been paid for yet, Sales have gone up 50% and so have debtors.Growing companies chew up cash in funding working capital. Also, 2.2$m of cash went as payment for STatseeker.
TCN Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held