Harvey World announced their full year result today and while Jetset are yet to do so, some immediate comparisons with Jets end of year cash statement make interesting reading.
Net Operating Cash Flows HWT 7,727,000 JET 6,784,000
Increase in cash position HWT + 4,698,000 JET + 4,812,000
Share Price and Market Cap HWT $ 1.66 - $85 Million market cap JET $ 0.46 - $ 41 Million market cap.
Jets final report could be interesting, they are closing in on HWT in terms of the cash they are generating out of the business, yet market cap of HWT is over double.
Could Jet's share price double from here ???
D
JET Price at posting:
0.0¢ Sentiment: None Disclosure: Held