Costs have certainly been held down and revenues are up 45% to $1.7m (Asia & North America sales) plus they are looking at an acquisition to diversify. Underwritten pro rata issue finalised in Jan 2008 raising $1.29m in cash (via Director). Undiluted market cap is only $4m.
She is a maddie with high percentile gains being possible at 1/1.1.
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