re: broker report says worth 37 to 56 cents thanks kreats..just got into site..for mul holders that are still trying to get in, the comment re broker's valuation says: "...We value Multiemedia @10-15xFY2004 earnings forecast @ A$34m implying a valuation of A$340-510m respresenting 37-56c per share using current issued capital of 910m securities. We have assumed a dividend payout ratio of 25% if the business plan is realised.
go mul!
MUL
multiemedia limited
mul announcement, page-3
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