Good attitude rogar...there aint much out there to get excited about but with a 3c EPS in first year is fantastic if you look at industry peers they are probably around 12- 15 times EPS in this case 36 to 45c share. They are chasing 6c EPS up to June 2012 which would create a value of 72- 90c Share
and we are trading around 14c today....rediculous- dont think the wider market are even watching- accumulate on any weakness IMO
PS ITS Book value is 24c alone
and thats probably outdated with all the new deals coming online. Wont be long before its ovver (IPO price) 20c again Cheers MMM
AZG Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held