drivel,
I agree with your calcs I didn't include the 1m to directors or the options, however, based on 125m shares my calcs work out a estimated forward P/E of still between 4 & 7 depending on the share price. Plus if you start playing with the profit taking into consideration the potential of the marshmallow penetration into foreign markets ie europe and asia as well as the mass US market (target and wallmart) then the P/E declines rapidly.
I also agree with Livas with regards to the P/E and intsos taking notice. But I am sure that if some of them even got a sniff of what BRT is up to they would be mad not to have a little nibble.
Add to My Watchlist
What is My Watchlist?