the earnings guidance is very promising, would put LFE on a FY07 p/e of 6 or 8 at tonights closing price, however this company always seem 1 year away from delivering.....
i reckon it will pay to let the dust settle and then consider it when there is clear evidence that they are achieving their goals. will be interesting to see how this stock fares tomorrow......i wonder how the sophisticated investors that paid $1.60 a couple of weeks ago are feeling now!
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horror result as loss blows out to 42.1m, page-3
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