REVENUE UPDATE, page-129

That is my point exactly. This is a huge turn around story. From basket case to profitable company. Of course you have to compare it from last year. Are you saying because they have had a huge improvement from last year that it is unfair to compare it. From memory our dollar has been done for the last 12 months at least so conversion rate is roughly the same. And not forgetting it can work both ways any debt and costs are bigger along with revenue so not sure conversion rate has any big advantage at any point.
When playing the penny stocks are these not the kind of companies we search for. A company with a turn around story.