Not a fan of the whole "Carbon" debate, but given there are about 80m shares this looks very cheap.
At 30c, the company has a cap of around $24M... $9m in the bank. EV is $15M.... trading well below a PE of 1 on FY 2014.
Lots of political risk, but looks like a cheap entry below 30c.
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- current share price 26cents; 2014 eps 26cents
current share price 26cents; 2014 eps 26cents, page-3
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