My question is how much Citrofresh is $5.5m in sales in respect to litres of the product and what profit can you expect from each litre that is sold?
If its 10% profit on each litre that is nearly 500k in profit on this sale alone.
On the current market cap of around 15m we would be looking for the company to reach the prospectus target of 1.5m ebit (15m sales at a 10% margin )which equates to a pe of 8 at 40c per share.
I hold ctf and have done so for the longer term.
CTF
citrofresh international limited
biggest. getting back 2 you re citrofresh., page-7
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