Net Profit growth from 2M to 10M in 2 years time seems optimistic.
Even with 10M what would PE be? I think 10 at best. So maybe 50c share price in 2 years.
It's a solid company but the potential seems capped atm. Some people don't like the risk/reward at this level for small caps.
Ann: Quarter 2 Financial Presentation, page-7
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21.5¢ |
Change
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Mkt cap ! $36.36M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5954 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 171 | 1 |
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