Be interesting to see what the board and management have to say...

Be interesting to see what the board and management have to say at the AGM on Friday .
If it is a confirmation of a turnaround then I agree 10c is a minimum short term target
The challenge is , just how much turnaround do we need to see to have the stock re rate ?
Market cap at 10 cents is around $60 million.
I think it is fair to say revenue is flat and margins are low
it appears Australia , New Zealand and Canada can get in excess of 5% net margin going on the June 30 financials it is just what margins that can be generated as an average on the $3 billion revenue that is key.
At even 1% that's a $30 million net margin , surely that is a realistic target or its almost not worth trying ?
If it did get to 5% on $3 billion ($150 million ) then Andrew Price would deserve a knight hood.

What PE would a $30m profit warrant ?