I agree SRH appears cheap at its current market cap. You don't have to go back too far - 2007 and 2008 - when it was producing profits of that amount ($4 to 5 million). Admittedly the sales base is somewhat lower now, but they're working on re-building sales, and I don't see too many reasons why they can't eventually get back to delivering profits like that again, or even bigger. Especially if they can keep the current management team in place.
SRH Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held