re: take over bid
dazzler - had it been 3 months ago I would have been extremely positive on the trading halt. Funny market now though - most halts are bad news. However, based on recent performance and what this company has stated I would be surprised if this were the case?
Just have to wait and see I guess. But for me the financial performance of this stock over the past 2 years has been great...
ie eps growth of 154%, 982%, 336% and 208% period on period (oldest to latest)
Revenues up 61%, 43%, 56% and 52%
ROA up from 1.3% to 3% (only bit I don't like - I like 15% plus)
Operating margins also showing conflicting signals - 4.7% last period but 17% for full year before? Maybe earnings are skewed to 2nd half (must be?)?
$17 million perhaps in retained profits as at last report?
Looks ok to me - but as I said a strange market at the minute.
All the best mate
FEA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held