AMO - Ambertech

[Lizard]

Working off trends and past data, this suggests profit could be anywhere from about $2.5m to $3.9m NPAT (forward P/E of 3.9 to 6.1).

AGM presentation now out. Unlike last year, they actually provided some firm profit guidance, indicating first half will come in at $1.8-$2.2m NPAT - around twice the $996k booked in prior year. Looks well on track for the full year range I'd estimated of $2.5-$3.9m.

Has attracted a few buyers, but still pretty thin on depth. Last sale at 52.5cps, and wearing a tricksy 10% spread.