fully diluted script is 170 million shares including all options and including the recent capital raising which leaves them with healthy cash reserves.
shaw stockbroking are forecasting a modest profit for fy07 moving into a solid profit in fy08. news of the robotic applicator moving onto a vehicle assembly line for the prove out trial should be imminent. http://www2.shawstockbroking.com.au/egoli/egoliStockIdeasPagePrint.asp?PageID=%7B447A4B97-4C4E-4EC6-A6B3-B4A1FFABDAC4%7D
i really dont think the wider market is onto this stock yet. for a company that is just beginning to move into profitability with a product such as this the sp could be much higher. so many applications for this tech, they really are only scratching the surface at present. i do not think my hopes of a sp of $1+ are an impossible dream over the next few months. if & when that eventuates i will owe alex a drink!
DDT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
