Is anyone still following this stock? Looks like it was pretty cheap when that last post was made and has performed strongly since. But market cap still only $18m, despite op cashflow of $30m in first half.
Also, NTA 87cps and meets "working capital bargain" criteria with market cap well below the difference between current assets and total liabilities ($46m).
Admit I haven't looked too closely and am somewhat puzzled as to why they have nearly 6 months worth of sales in receivables.
Any comments?
Add to My Watchlist
What is My Watchlist?