P/E of ~5 next year.restructure is over & done withMD has enviable history of companies taken overPays a dividend. last paid 0.02c/share dividendmakes money. has a good profit margin on salesonly 72mil shares on market. capitalisation of therfore only 12.6mil. Would est a profit of > or = 2.5mil next year on sales of >12milHas patents helkd by the company/intellectual company.Already has an international distribution network/distributors in place.Has 3.6mil in the bank = 0.05cpsDividend of 0.04 cps/yrEst profit 0.035cpsTotal value identified = 13cps. 4.5cps for the growth of the company....thats not much..cheap imho.
(20min delay)