Actually JID normalised operating earnings excl impairment and one offs was $5.8m, hence PE is only 6 x's.
This figure is backed up by operating cash flows of $4.6m + $1.2m one off westpac settlement. Hence $5.8m.
I expect FY13 to be $6m-$7m. Now that all the issues has been resolved management can take it to the next level.
Actually JID normalised operating earnings excl impairment and...
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