should be something like $4m profit on 160m shares = 2.5cps
but this is just the start of the new earnings profile, finally shaken off the past of too much debt and not enough profitability.
the balance sheet will have retained profits instead of losses carried forward, it will have positive NTA instead of negative, it will paying dividends...
I think it won't be too long until PHG has a market cap of $200m... like 2015/16
PHG Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held