The other thing is that share price is a multiple of earnings and not profit from revenue. A company can make significant profits but have little or no earnings due to operating expenditure. Returns to shareholders in the form of dividends come from earnings if the board decides it appropriate.
When I see earnings I will be impressed.
That said though the market will look very favourable on significant profit increases on likelihood of potential future earnings and that may result in revaluation.
ABV Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
