good points you raise. I do have to call b/s on your comment on...

good points you raise.

I do have to call b/s on your comment on the TH sell down. that was a while ago now and if you go back through the notices they sold less than 15% of their holding after the share price more than tripled who wouldn't take money off the table. since then no other sell down notices from them or any other substantial shareholders.

I stand by my numbers that on just a $5m npat the valuation stands at at least 14c not a bad conservative uplift from where it is and that factors in a 0.5c dividend.

the core issue this company has is its share register. too many day traders that don't know their a$$e$ from their elbows when it comes to company valuations that are purely speculating on easy to understand announcements rather than spending the time understanding the detail around how the company operates or how the sector operates.