well done Trainee Its great to see it consolidate and form...

well done Trainee

Its great to see it consolidate and form higher highs and higher lows , It wont take much for this to move up from here.

I was thinking the market trades on a forward PE of 19.2
If we got a 6.5 m NPAT and used a discounted PE for 14 that gets us to 91m

Current market cap 57m /91 m is a 59.6% increase which would take us to 21.5C

This is where i think we will head towards this year

I think the HY results will see a move to 15-16 and another consolidation and then a subsequent move higher

It won't take much for a big re-rate and i think its early days. It wasn't that long ago that Damien Banks picked up his first million shares at 15c . he saw value then and the financial turn around was just beginning

NPATS of 7-8 m will see is mid 20s plus . Good luck all and eagerly looking forward to HY results