IMO, this is good news and bodes well for the remainder of he year.If we take out the cost of the new product launch & the take over
defense legals , the June Qtr would have almost been cashflow neutral.
The Trump import tariffs will also benefit YOW because its products are made in the USA.
Again, IMO, this is why management's goal of getting back to profit soon is credible.
A double takeover bid will have awake management and forced it into radical cost cutting.
We now just need an announcement confirming the date for the 2c cash return
With $16.54 mil Mkt Cap & $16 mil cash, all YOW has to do is to post a profit and the SP will significantly lift.
EG: A $5 NPAT/p/a would fundamentally take the SP over 20c, IMO, and the Bidder knows this too well!
Let's face it, YOW is in a much better position then a speckie whose products are years away from market!
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