Very little spoken about the recent ann. about the acquisition of certitude.
Surely this is one fantastic move. I can't find anything on income statements but one would think the board has done their homework and made sure this is earnings positive immediately. This coy is in the game where everyone wants to be currently...IT audit, web testing, security etc....so this should be a real winner.
Note on their website they list their impressive set of clients...
http://www.certitude.com.au/?page_id=7
With a P/e of around 7, trading at less than book value and in the right IT game, then surely PSZ is one of the most undervalued coys on the ASX currently? It could esily be trading double its current value.
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