sumfin gotta give, page-12

Not sure it would be a PE target - remember it was only floated by PE 12 months ago at 1.90 and I can't see the board accepting an offer much south of that. Longer term PE players could bought it before it floated if they were interested. However I think it will be rerated upwards as the market comes around to the great income streams that the mining service companies will experience. EHL is the premium mining service co with a majority of the aus market, great margins and huge overseas potential in north america. After a couple of profit upgrades/successful delivery of targets this one wont still be trading at such a low PE. Anyone researching/following the company with interest from the sidelines - get in soon or you may miss out!