The announcement said it was better than expected.
They price the AUD at 92c, so a month of 85c made 1M difference.
At the moment it is very simplistically trading as if 1M of profit = 10c. I think they have a brighter future than that.
Netcomm used to trade at 30c when it had a revenue of 10M each half, so something has to give eventually, especially as they may approach 100M in 2011. I just hope they pause to breath, maybe work on this new relationship with apple and some others.
The announcement said it was better than expected.They price the...
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