As of today's financial half yearly report:
WMC has now shown a history of profit after tax consistently of $ 1 million per month.
Equals $12 million per year.
Current market capitalisation of $58 million (at 38c/share).
That infers a P/E of less than 5 !
..... but wait, there's more....
WMC has $50 million in cash! (verses a MC of $58 million).
This is awesome. What's not to like?
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Confirmation of profit
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