Fair call but right now this is a growing company. Two fairly large acquisitions given thier own size , plus setting up interstate office. I all takes a lot of management energy and saps efficiency until bedded down. As you say MQ if they keep growing and manage to squeeze out a reasonable margin then the SP will reflect the profitability, no doubt about that. I dont reckon Wareen Buffet has bought to many stocks in his lifetime for their profitability at the time he invested but rather a calculated punt on a positive future.
Good luck !
CNW Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held