A hard stock to get your head around when you consider their trading history over the last 3-4 years.
The reports states. Loss making company that has no tangible asset value (or very little once you discount trade receivables and work in progress ) and increased debt levels...
I believe the current price to be indicative of a NPAT figure of around 6-7 million... Top line revenue growth the key... along with costs of business obviously.
Ann: Preliminary Final Report, page-5
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