from my understanding:EPS = npat / no of ordinary shares.the...

from my understanding:

EPS = npat / no of ordinary shares.

the npat is for "attributable" earnings i.e profit available to ordinary shareholders.

eps of 4.8 seems very very very significantly over earlier broker estimates.

An eps of 4.8, with current share price of .225 would put cus on a forward PER of just 4.7 - which even discounting for a smaller riskier company is rediculously cheap.

Applying a sector avg PER of 19.56 (and applying no discount given growth prospects), then full fair value price of a cus share would be approx .94 (on a per val of course of suggeste forecasts)

Currently there are 1 224 533 000 ord shares on issue. An eps of 4.8cps would also suggest a NPAT of about $58 777 584. Given that revenue for this year was only $42,293,000, such forecasts would appear to be overly optimistic.

Anyone have a copy of this report?