I don't want to cross promote .. but I put the profits into...

I don't want to cross promote .. but I put the profits into ETC.

Please DYOR.

it's an id technology stock... which is showing high growth.

but it does rely on winning a small number of big contracts which it appears to be doing... so it might be risky from that point of view, but the technology appears to be gaining acceptance - and the contracts are long and secure(government).

It has no debt .. currently trading at a p/e of around 5x(based on the enterprise value)- providing the recent NPAT guidance of $48 mill proves true.

and next year .. i think it's forecast to be trading at around 2x p/e .. but let's say 3x p/e as you might have to allow for some exchange rate adjustments if the AUd keeps strengthening..