Recent IPO (Dec 2009)- double profit esimates since listing Issued Shares 23,170,000 Upgraded Earnings $3,100,000 EPS $0.134 Last Sale $0.90 PE Ratio 6.7
Divi Payout Policy @ 60% $1,860,000 Estimate Dividend $0.08 Current Yield 8.9%
Not a bad effort for a business who has only focussed on the QLD market. Recent companies notes imply they are moving into sydney very soon with a distribution network of solar retailers and victoria there afterwards.
Onwards and upwards.
http://www.solarpower.net.au/
AIR Price at posting:
86.8¢ Sentiment: LT Buy Disclosure: Held