APG 0.00% 0.2¢ austpac resources nl

just spoke with mike turbott, page-4

  1. 1,243 Posts.
    50% owned....holy cr*p

    If they build it in one they'll be certain to build it in all I reckon......thats 170 plants at 7 mil profit per year at 50%

    That's 95cps of earnings...at PE of 15 is $14.......yikes...they'll NEVER let it get there....this is now without ANY doubt within 2 years of a major takeover battle !

    Suddenly my mill+ holding is looking like it'll pay for a nice retirement !!


 
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Currently unlisted public company.

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