still the cheapest stock on asx. pe ratio of 3!, page-5

simple answer is NO!

They are NOW currently making approx. 300k a month profit = 3.6 million a year
This is expected to increase to 400k a month soon = 4.8 million profit.

Now with upgrades this figure could be up to 2 times that.

If you don't believe me ask management.
(who might i say are very conservative in there profit guidance) look at last half year.
Expecting to make 700k profit, and they made twice that! which other company has done that? and is trading at such a cheap price???

good luck and fortune