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re: buyers arrive finally Thanks Hackpet.Taking 1.2mill profit...

  1. seals
    5,457 Posts.
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    26/04/06
    22:50
    Post #: 1522295
    re: buyers arrive finally Thanks Hackpet.

    Taking 1.2mill profit as earnings against 122mill shares = roughly eps of roughly 1 cents. That gives us a PE of 30.5 on todays price. Well that's definitely an improvement but still a speculative PE.

    I like the look of what I am seeing of management as reflected in the deals done already this year but I think they need to announce some more to allow for further solid price growth.

    The market they are in, particularly online delivery of content, is generally highly competitive and they will be coming up against some big names eg iTunes.

    Definitely one for me to watch.

    DES Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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