Potential 1st half result....., page-86

Barobill summarised the H1 NPAT expectations nicely as follows:-

Market Consensus   $11 mill (still 344% up on last year’s H1 result, on track for $25mill FY)
@RandomK $15 mill (a great result and my number also)
@Wuey72 $22 mill (off the charts result that will make all shareholders very very happy)
@white88 $25 mill (time to retire, thanks BAL…

A quick and dirty extrapolation for full year 2015/16 is as follows from my side follows:-
If Full year NPAT 2015/16 is $30M (double RandomK above), that is a P/E of 42; NPAT $44M (double Wuey72 above $22M), that is a P/E of 29. If white88 NPAT $50M (double $25M above), that is a P/E of 25. These P/E's are not outlandish but they do assume NPAT increases of 200%/300%+ and 400%+ above the NPAT of $9mill of 2014/15! Are these projections the outlandish piece of the puzzle?
Market consensus full year NPAT $22M (double above) is a P/E of 57. Is this why the sell off is now happening as this P/E is fundamentally too high?