Just about to post a correction fumoy to my last post , margin for 2010 was higher because of tax being -45% but it was + 32% for 2011 giving a average of 3.7 million profit over the two years from there they lost there way
They will have some big tax break in there books at the moment, maybe that was the other reason for buying into the business, not sure if this tax write off passes on to a business if you change the name
Interesting to read today on google news that CBA and National bank are joining the green army they must think there is going to be mileage in lending in this field , yes I think it still has legs
GOE Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held