Expecting a net profit of $3.0m this financial year, which means trading at 17x PE. If achieves this and market can confirm strong growth outlook next 12 months (say project $6m profit for 2012) then should see SP moving up to around 1c.
NWT still has a market cap of $53m as the majority of market doesn't think it will record a NP above say $1.5m and the issue of having 9 billion shares on issue.
