"The earnings of the Company have lifted significantly in the second Half. Based on the current sales run rate, unaudited sales revenues are expected to be up by 20 to 30 % on H1, and NPAT is expected to be up by a similar order of magnitude.
They lost $3.7m in the first half. A 20 to 30% improvement means a second half loss of between $2.5m and $2.9m for a full year loss of $6.2m to $6.6m. There's a lot of other things in there that seem good but that's a big amount to make up before any profits start materialising.
BFC Price at posting:
22.0¢ Sentiment: Sell Disclosure: Not Held