total operating and investing cash flows for fy16 was a loss of $3.345m
On these poor figures the sp could easily experience a nasty reality check imo. 3m npat in fy17 is the bare minimum pass for me now. That is now looking unlikely. At a forward pe of 20, I value this at 29c. I would not pay anything north of that until I see a a substantial turn around in total operating and investing cashflows.
Fy17 npat forecasts?, page-79
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