moving well, page-9

  1. 578 Posts.
    lightbulb Created with Sketch. 29
    50% of the Petronas deal, $2M, is the license fee which will be received in this financial year. As it is a license fee it should in effect flow through to the bottom line, therefore there is the potential for this years NP to be approximately $4M, with cash in the bank of $6M plus.

    This puts it on very low multiples for 08 of about 10 times, as a growth stock the potential for a re-rating is there.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.