the impossible stock, page-10

Another $1.1m of various contractor hires for Medicare loaded onto the AusTender website yesterday - compares with a total of $1.4m of AusTender revenues for the whole of the Jan-Jun 2010 period, so off to another good start for this half over pcp!

Jobs advertised on web-site sitting at 61 - not too bad considering most companies will only just be starting to put together 2011 recruitment needs.

Market cap still only $1.5m vs forecast NPAT of $500-$750k - so forward PE of 2-3.

Liquidity has improved marginally but remains pretty pathetic - though it is not surprising there are few interested sellers at the prices being bid.