At current SP puts the PE at about 10. Which is not much for an improving business with no (almost) debt.
And agree PRG is small and at the bibs and bobs end of the market, painters, etc. SKE has many of it's ppl up the skill scale, technical people that make and maintain things. Reserve bank sees us entering the 3rd phase of the mining boom which is the supply and ship pahse, this is where SKE does best many/most of their services support on going production. All tootling along quite nicely, Roy Hill team out looking for finance, etc...
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