Profit attributable per share was 1c which given its imminent growth with new production lines and woolworths sales it makes 11 c seem rediculously cheap.
Also to note , its expenses all rose disproportinatley high which are a product of its immenent expnasion. Growth in a business like this always comes with a accellerated cost and deferred profit. The stage is set. Evenif woolworths and the new production line can only increase sales 10 fold, then thats a PE of 1. You do the maths. DYOR
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- excellent report.
excellent report. , page-26
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