re: fantastic result
Result a bit better than previously flagged + positive outlook + mention of acquisition opportunities which could only add value. Cash was +.5m better than I expected so I thought they could have paid more out, but perhaps the dough is needed for an acquisition. I would think $5.5m net profit would be a minimum expectation for 06-07 : 17.2cps say X14 times = $2.40 price target (achievable by Feb once interim out, or even before depending on what they say at the AGM)
WWA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held