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Ann: Vonex Completes Voiteck Acquisition & Delivers Strong Growth, page-11

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  1. 284 Posts.
    lightbulb Created with Sketch. 94
    Not much to say. Everything tracking nicely.

    If we exclude MNF acquisition cost from last quarter we are looking at $953,000 profit. Times that by 4 and we get 3.8m net profit per year.

    using a PE of 15 we get a share price of 11-12 cents.

    If management grow profits each quarter then next financial year should be good for shareholders.



 
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