Looks promising...
Be careful, profit guidance for the first half includes $1.1m of jobkeeper.I get half year profit guidance of $1.4m to $2.4m.
If we went smack bang in the middle, say $1.9m and doubled it for the full year being conservative, then we're getting pretty close to the $4m profit mark before tax.
Take away tax, based on the above we might be left with $3m of profits.
If the market gives a P/E of 15 = $45m
If the market gives a P/E of 20 = $60m
Still a good scenario, if they can hit their straps in the second half.
All my opinion of course - please DYOR
Ann: Profit Guidance, page-58
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