4 cents dividend = 1.9% gross return (before tax) for the half.
The EPS was only 11.88 cents, placing OXR on a PE ratio of 12.6 at $3 a share and a PE ratio of 14 at $3.33.
Looking expensive (due to high exchange rates).
Go you good thing! Headed south today as stated.
Why? PE ratio is too high. EPS is too low.
OXR
oxiana limited
why the drop folks, page-11
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