2.59 cents per share for the half.
assume another 2 cents ps in the next half.
4.59 cents
current price 8 cents
approx 1.75 times full year earnings....with the upside to an economic recovery and potential PE expansion in the years to come.
these guys are miles away from going broke.
while things might get a little tougher in the next 12 months, they have the cashflow to see it through.
more than 2mill in non-cash items in that half.
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