I don't know if my thinking and calculation is correct but I was looking at the $1.2 million profit for the quarter and thinking that if they maintain that (personally I think it will increase) for a full year in each quarter then that is $4.8 million profit for the year.
Divide the $4.8 million by shares on issue and we have almost 1 cent a share profit and at the current share price that is almost 6% return per share.
Pretty good I think.
I think the Share Price is far too low at the moment.
Profit Calculations
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Last
39.5¢ |
Change
0.015(3.95%) |
Mkt cap ! $28.33M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 41.0¢ | 38.5¢ | $612.3K | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 552992 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 3270 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| QHL (ASX) Chart |