upside to share price, page-4

I agree that there are some very unfavourable circumstances like metal prices or exchange rates. Fact is that Perilya reported a profit after tax of 5,4 Mia AUD for the first half but this included a negative sales adjustment of ~6 Mio AUD. If one considers these figures for the second half => 10-15 Mio AUD for 2012? With a profit of 15 Mio Perilya is most probably not a bargain. I think Perily ahas to come to yearly profit > 25 Mio AUD to attract more buyers.