re: headed higher It will grind its way up to the $3.20-$3.50 area in the next few months. It still sits on a comfortable P/E around 11 and a div of 8% even at that level. At this level annuity income is making up 2/3 of revenue and a solid portfolio of very low risk construction projects for a number of years on the books.
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byron bay, page-8
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