Yes, it does seem to be on the right track and it is expecting to make, before interest and tax for the 6 months, between 0.6-0.8 million.
With approx 196 million shares, that equates to 0.3-0.4 cents per share for the 6 months (I hope my maths is correct!). Which is not bad if you got in earlier for 1.3 or 1.4 cents. Plus, book value was 5 cents as of last report (according to Comsec).
I would be quite happy holding these atm and I would be buying them off the board if I had the spare cash and/or they appeared a little lower.
At least a couple of our shares are doing well!
:-)
Good luck (and can you check the maths for me please?) If I am correct with the above sums, then this is certainly a buy for me.
QTG Price at posting:
1.3¢ Sentiment: Buy Disclosure: Not Held