I'm not sure how to take today's announcement and I don't think the market is either dropped as low as 49 cents today and then fully recovered.
$131 million write down is not good but npat up 29% from previous period sounds very good - but not sure of details with this - were there some one off factors? If this kind of npat is sustainable over a full year looking at a PE of around 8 or 9 by my calcs.
I continue to hold for now but not with a huge amount of confidence.
- Forums
- ASX - By Stock
- API
- is there anyone
is there anyone, page-18
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add API (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online