Re-iterating a projection of a 48M profit (an increase of 400%) from revenue of just on 100m, already tells anyone who cares to read all about their margins.
As you say, I am sure something is coming up soon. Vietnamese deal would be fantastic news to close out the year.
Perhaps I am being greedy and impatient. But the company has been significantly derisked so I am sure we would all like to see the SP re-rated to a very modest 8 times earnings at a minimum.
ETC Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held