I didnt think 45% ahead meant of their latest guidance of 16 mill NPAT but perhaps their earlier forecasts.
Hard to think they would be that far ahead and the stock price still be at 20c.
Looks to be lots of upside in this.
Cash is forecast to be 17 mill by June 2012, nearly 33% of the market cap.
Also the option overhang looks smaller than others have led me to believe.