re: first ever profit
just looking at the report, and using simple maths, then watso seems to think that the company expects to make approx $3/4 m ($750,000) for the second half of the year. expected turnover looks like it will be about $4.5m for the second half. given that there are only 2 months to the end of the year, then, these figures could be reasonably close.
not a bad result
watso often looked at increasing his exposure, but given that the company has time and time again, failed to deliver, then watso shirked away - .
not many companies, with this market cap, and this type of profit
good on you hots - for having so many. you probably accumulated a a good price - and if you make a killing - well done. 50c per share, is not out of the question,
EMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held