Saunders International listed on the ASX less than 12 months ago. It has been a baptism of fire as volatile market conditions have made it difficult for smaller companies like Saunders (market cap $45 million) to shine.

Despite these conditions, Saunders' share price has continued to trade at a premium to its issue price of 50¢. The company achieved revenue and profit growth of 77 per cent and 45 per cent, respectively, in 2007-08.