Originally Posted by
winner69
I reckon they will report H1 earnings as $25.8m which includes the $1m of non-recurring restructure costs they mentioned
Sets up a boomer H2 and I expect them to report $28.9m (+17%) for that half bringing FY to be $54.7m (+14%)
That's an eps of 11.5 cents on current number of shares so PE currently just over 10. Maybe the rerating down that often happens when capital restructuring takes place (more debt / less equity means higher risk for shareholders) is already underway in anticipation of the capital return.
I hope to be pleasantly surprised but doubt I will.