I have been advised at the AGM, MD Dennis Bastas reported - New drug registrations - Pravastatin - August 06 Zolpiderm - October 06 Paroxetine - expected December 06 Sales comparison Juyly 05 to July 06 up about 30%. The figures - 1. GAA is now turning a profit - for the period 1 July to 30 Sept 06 grosss sales were $21 mill, Nett sales $12.4 mill and Gross Profit $5.2 mill. Forecast for the full 06/07 financial year was Gross sales - $110 mill to $120 mill Nett sales - $60 mill to $65 mill Cash at bank $10.2 mill Debt: NIL. One shareholder asked when the company expected to pay a dividend and CFO Harding said in 07/08 provided of course the company continues to show a profit.
GAA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
