the NPAT figure is overstated due to previous tax losses.
NPAT for full year likely to be 8.8 mil, depending on tax losses, which is 2.7 c EPS, which makes the 30c price about right.
ROKTEK still making a loss, break even at best.
Civil contracts have dried up - read the report
Nett profitabitlity = 7% nett, below industry average.
Downside risk if new contracts not forthcoming, good possibility of 20c before 40c. Not without risk.
