Finally Muss, you are talking common sense and you are quite right the fist quarter would have included a lot of the OS costs which I've been arguing are not as high as others think with turnover going incredible at 21% north per month and "accelerating" and lifting from 20% in a heartbeat.
They will do $8 mil standing on their heads IMO and $10-12 mil is also quite likely if they stay on this trajectory. The 6 monthly is going to surprise us all IMO and I can't wait to see the sexy graphs.
25c is outstanding value no matter which way you crunch the numbers IMO.
MBE Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held