Excuse me for reading the latest report with rose tinted glasses but it wasn't that bad. There are plenty of ASX listed stocks that would give a piece of their anatomy to have no debt and cash in the bank. Sure there are issues that they could perhaps do better despite that I am reasonably confident in SAE's future. In case you haven't heard California is damn near bust - must be tough doing business in such an environment. I'd give 'em a C+.
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