why so high!

with everyone being wildly bullish as they were at 30 -28-26-24 22, was wondering why trading at 22Pe, div growth zero for smae period and now with AUD POG now 1530!

As for looking forward, why anyone would look forward with this particular company is risky imo,,,

They hedged their book because they thought Gold was going to fall,,it didnt and it needed more capital
It took over Lihir and promised big ramp ups,,,it failed
Its promised synergies and didnt get them and took on heaps of debt which was paid off last time

EPS just fell 51PC yoy, cash balance is very low compared to years ago

just thought Id give the opposite side to the story :)

POG AUD now lower than expiry day last where 21.27 was the trade of the day