Top Pick
Is it really such a bad result ? This is how I read the half year:
Earnings per share 2.1c (4.2c annualised)
Operating cashflow per share 0.6c (1.2c annualised)
Cash in Bank $9m
25% growth in airtime sales
NTG is trading currently at a multiple of 4 x cashflow. While the business isnt setting the world on fire, its not exactly a bad result compared to share price\
Cheers
z
