This morning's presentation is outstanding. It clearly articulates the strategy for growth that PNX is implementing and the potential rewards. Potential for $7m profit in 2012/2013 could easily justify a market capitalisation of $50m plus on a p/e ratio of less than 10. That would represent a share price above 50 cents.
In my opinion this is an outstanding investment opportunity and the pre4sentation is well worth a read.
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