BRL 0.00% 81.0¢ bathurst resources limited.

Ann: Conversion of Redeemable Convertible Preference Shares, page-40

  1. 70 Posts.
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    Yabster, you are yabbering about something you appear to have little knowledge of. EBITDA(Earnings before interest,tax depreciation, amortisation)/or EBIT for SME's is the acceptable base for business valuations. Price Earnings ratios in ASX are higher than NZX in general as well.
    BRL is still a great little company, in spite of the trough feeding by directors, lets hope they make the decision to back it & not sell down. Mind you, might be some bargain prices for a short period of time, - buy on weakness I'm thinking.
 
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