Well cash is much higher than i thought, not a mistake??
Sales growing quarter on quarter. Not sure what that 8 million non current investment outfolw was for. A one off it seems based on the first quarter.
Based on report 71 million cash 13 million ebit. A Pe of a conservative 7 with cash gives a market cap of about $162 million or $1.05. This excludes growth potential and the 200 million aud deal recently signed.
WMC Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
