Took a position as soon as it broke 40c resistance. I see 50c as the next stop, then free sailing.
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Took a position as soon as it broke 40c resistance. I see 50c as the next stop, then free sailing.
I am most impressed with todays result.
Management have successfully taken the business up to the next level.
The $2.7 mil turnaround in operating cash flow from -$627,397 to $2,092,398 is outstanding.
The move to "consumerables" is paying off.
With revenue and margins well up, we are seeing a huge increase in after tax profit.
With sound capital management,a strong balance sheet, I think we will see growth accelerate,with further acquisitions funded from existing resources.
The sp didn't like it that much.. Possibly dragged down by the whole market
And a 0.6c div for the half.
Unable to get some yesterday. Should put a higer bit.. Errrr