Ann: FY20 Full Year Results Presentation, page-2

Wonder if this is a deep value play.

Share price is the lowest since 2013 but revenues have grown 4x since then.

When conditions do recover eventually and they can earn a normalised margin on that 4x revenue that's when that comes into play.

For instance $70m revenue at a 7% NPAT margin is $20c EPS at the same 50c share price from 2013.

Director bought a nice parcel recently too.