worth a serious look

  1. 22,218 Posts.
    adm - auridiam, is worth a serious look. i have posted a few times with respect to this stock, but the company has just announced an operating profit of about half a million dollars. not bad for a company with a market cap of about $2.5m. the profit was before writedowns of carried forward exploration expenditure. the stock is selling at a pe of about 5. if profits continue to increase, then a pe of about 10 will be more likely. i can see 10c for this share in the coming year
    happy punting to all
 
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