the thing about this one is that, it's not a co. that will soon be undervalued, or it's not a co that are about do make some $$$
They are already doing it, 3 million bucks positvie cash flow in the last qtr alone. It will only take one event to spark some massive interest here. A large shareholder topped up recently, so maybe there is something on the way, i know one or two people on here believe so...
On last qtrs earnings, and by using a p/e of 10, i roughly value this in the 1.50 range. Please correct me if i'm wrong, that's also assuming 30% in tax as well.
Not many shares out there, and tightly held, surely a take over target as well?
HRD
harvestroad limited
