gopsy,Agree with your general sentiment but not the numbers. By...

gopsy,

Agree with your general sentiment but not the numbers. By my reckoning Coote earned 1.35 cps ($3.6m NPAT / 266m shares) for the last half, not 2.5c. So the full year might be around 2.7 cps given current trading - giving a current P/E of say 8.3

Lowish but understandable. The $20m listing of Greentrains (facilitating the $35m payment for rolling stock) or the sale of South Spur Logistics would be the 2 good future catalysts.