Seq,
Breville sells ALOT of juicers. CNN bags will be included as part of the sale package. Then there is the potential for re-orders. Plus it's just one product in a very comprehensive line so there is positive potential for expansion of the contract.
Think of it this way. $250K earnings on $500K at a PE of 25 gives a value of $6.25mill. At .004c, this company's current marketcap is just over $7mill.
I still can't personally fathom the low marketcap of this company considering the immense progress made in securing contracts over the last 12 months or so.
Add to My Watchlist
What is My Watchlist?