Thats one of the possibilities too...someone bidding $1.90 is getting solid co for $100m cap.
Fy 17 should be 100 mil rev, 15 mil in a bank and 15 mil ocf , 9 mil npat plus $ 0.850 nta.
Re hy results, we should be getting at least same 4 mil npat, but tbh i m not worried about npat cause if there is 1 mil equipment write off then its 3 mil npat ... So what???
I ll be eyeing operational cash flow.. If its still at least $6 mil then we are winning. And with inventory at strong levels this half and new low cost farm operating n no debt there is no reason why we shouldnt repeat $7 mil again.
Businesses dont go bust when run out of profits but when they run out of cash. And our frm has a great solid cash flow.
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