WAL wavenet international limited

Given the current announcement this morning on their profit for...

  1. 242 Posts.
    Given the current announcement this morning on their profit for the 6 months after tax, the earning per share on WAL is 3.5c. based on the current sp, it is trading at a p/e of just 5.
    Most other companies trade a p/e of 10-25.
    Just my opinion, but we could see the sp based on these figures at around 30-40c over the next few months, and if new orders come in even higher.
 
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Currently unlisted public company.

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