Short term valuation: Assume they produce $8M Net profit next...

Short term valuation:
Assume they produce $8M Net profit next year (FY18). On the assumption the significant means $1.8M is $4M and it continues.

The market and sector multiples are 16, that short term valuation is thus a $128M market cap or 9.32 cents per share.

Who knows how much of the annual $15.5M operations cost will be reduced by the new production facility?

Only a thought? DYOR!