At least 2 mil profit improvement in year 2015 than 2014:
1. Interest will save around 0.64 mil.
2. Major R&D finished, 1.8 mil in 2014, 2015 could save around 1 mil.
3. 2014 R&D grant in 2015 should be around 0.81 mil (45% of 1.8 mil) compared to 0.47 mil of 2014, save around 0.34 mil.
4. Lowe AUD will further improve the profit.
Market cap could be around 20 mil to 30 mil in 12 months depends on the the profit figure, it's around 0.47-0.70 per share.
WRR Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
