NPAT $3.2m in the first half.
If they increase it by 50% again and get $4.8M for the second half that makes $8.0M for FY21.
At current $180M market cap thats a PE of 23.
This is not perhaps onerous for a company growing profit at 50%pa in a bull market.
But is certainly pushing the envelope.
For me, hard to see any big surprises in the forthcoming profit report, but we will see....
Certainly happy to see $4, but wary about how sustainable it is.
Gosouth
Classic case of growth by acquisitions, page-25
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