''now we have guidance confirmed plus more... and not expecting sp to go straight back up to 13.5c, but somewhere between 6.5c-13c would be fair value. midpoint of that being 9.5c. keep in mind also T+2 kicking in today too''
Burnett, at 10c the market cap would be around $50m
Based on NPAT of say $1m for fy2017 this would represent a p/e of around 50
Broker reports last year indicating that revenues would be anywhere from $70m- $100m for Fy2017 if correct would imo merit this p/e
IMO,
Cant see how many here say it is a bargain at under 13c or at 10c
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