Solid Report. Cash in the bank and more to come with the company now profitable. EPS annualised at 0.5 (allowing for no increases in the second half). this equates to a P/E ratio of 10 which is low for a company with such growth potential.
Should be no need for any more capital raisings unless major acquistions are in the pipeline.
Heavily undervalued imo trading at close to net asset backing and with pofits to add to this. Very little factored in to SP for future growth potential.
Buy it and put it in the drawer (but not the bottom one) as this will rerate shortly.
DYOR
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