great fundamentals, page-7

I have just done some rough calculations and estimate that 1mil spacers retailing at about $50AUD would give a conservative net profit (10%) of around $5mil AUD.

PE of 10 therefore market cap of $50mil.
Current market cap of $12mil.

SP range btw 8c and 10c AUD if these figures are correct and the sales are achievable, which I think they will be.

Comments?

Ps I do hold along with HGR.