Jimmie's compensation will slash the profit for 2nd half by 50%, so the assumption that the profit will be the same is unrealistic. If we take your figures straight up as $1.6m+$0.8m=$2.4m that would be a P/E of 6.7 which is still very cheap.
CI1 Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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