A great update from management. Well done to everyone that has held on.
From what they've said it looks like they will nail the forecast $6.76M NPAT.
Based on the same number of issued share on 31/12/2007 51,499,228 that represents earnings of around 13 cents per share.
Not bad for a company that is trading around 30c, especially because they seem to have strong dividend policy ~ however with the recent move to the new plant and their current product expansion, they may need to re-evaluate whether to issue a dividend based upon their cash position at year end. Time will tell.
TWT Price at posting:
0.0¢ Sentiment: None Disclosure: Held