Spot on, the whole first half of the report talks about the growth and strategy going forward without taking into consideration the matso's purchase - which automatically turns a significant contract volume we were producing into a gage portfolio volume which will have an immediate impact on the profit margin, sales mix and volumes produce - I dare say it means they hit the FY19 targets as soon as the acquisition is finalised this year.
This stock has future dividend, and or buyout written all over it. I wonder if this year we get approached which will stoke the share price but I suspect the board will reject.
GRB Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held