Bought again today. Note: Full year NPAT forecast in Stantons valuation report was AUD4.7m. Lets say they are running at half of this then that is still AUD2.4m or 1.5 cents per share (PE of 4.0 times net earnings). Management have a proven track record in this industry so I see little risk in buying at these prices. Results, to be announced after the close today or tomorrow morning should shed more light on the opportunity unfolding here.
As usual DYOR.
Bought again today. Note: Full year NPAT forecast in Stantons...
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