Why are you expecting a ripper of a full year report? We know they made $1.4 million in the last six months, but weren't they losing before that? What I want to see is a profit forecast for the next year.
Even at current levels of profit, we are looking at at least $3 million, and on a PE of 10 that should already see them to 6 cents. And not to forget they will have another $3 million next year when the options get exercised.
This one is looking fantastic IMO. Can only go one way.
Only possible risk is that they don't issue a profit forecast with their annual report. This could leave a lot of people disappointed, but at least it appears they will still continue to report monthly, which is great.
Add to My Watchlist
What is My Watchlist?