I thought it was revenue runrate, not earnings runrate?
In any case, the market knows that the US cost base is quite high, probably around USD$10m per annum, which at current exchange rates is AUD$13.5m per annum. That is quite a high hurdle to cross, and unless they produce US numbers to show that they are on the way, then I am afraid it is all a punt at this stage.
NEA Price at posting:
50.0¢ Sentiment: None Disclosure: Not Held
