Ann: FY10 RESULTS - ESSA RECORDS SUBSTANTIAL IMPR, page-2

re: Ann: FY10 RESULTS - ESSA RECORDS SUBSTANT... Funnymentals:

Cash: $8.8million
Debt: 0
Market cap: 52m * .38 = $19.8million
Enterprise Value: $11million

Free Cash Flow: $3.4million (Note: .7million TAX credit received, but non-recurring costs of $1.2million reported in this period as well).

Payback period ~ 3 years.

Final dividend: 1.75c
6mth Dividend Yield: 4.6%

Techno:

In conjunction I love the TA on this beast, spiked on results, consolidated, with blatant accumulation at the 33c price level(an obvious stop loss). And price has broken out of this range, despite a large seller looming in the depth. In fact a large chunk got taken Friday arv, and tickled 6 month highs (I still think the fool has 100k odd left). I am in from 35c average.