re: results out. Well Eddie, I loved the announcement and have loaded up on a heap at the current prices.
The growth exhibited in the good part of their company is fabulous, and if they can keep it up then this baby is on extremely low earnings multiples. I Am also sure they can reduce the losses on their second part of the business which will further boost earnings.
They paid a .5c dividend from their earnings of 3.3c (or something like that), they have around 7.5c in cash. I dont think they have any debt (dont quote me trying to remember from last night), they are showing consistent growth, I mean what more do you want.
I see this opportunity as a blessing to load up on a stock that I thought I had missed the boat. If it keeps dropping I will get some more, sub 20c would be very nice. I mean at 20c, they are on a PE of 6. I thought the share would jump to 30c and beyond after this report, then again the market has been very strange as of late.
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