According to their last Appendix 3B they have 192m shares on issue. At the current share price the market cap is $182m. Based on their NPAT for the half year ($17-18m) that would put them on PE of approx. 5 if they maintained the profit for the full year.
Just my thoughts. I saw the news item before the open but mis-read it but am now in.
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According to their last Appendix 3B they have 192m shares on...
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