OK - If that's what you think then you will be a seller. I must be wrong :).
We will see...........
Oh and just as a side here are consensus earnings from Reuters
FY04 (dec) 23 cents PER 10.9x
(FY04 was guided by company as part of cap raising when they bought Staging which they just announced tonight all divisions are ahead of budget based on the capital raising so I think your maths may be wrong)
FY05 27 cents PER 9.3x
FY06 30 cents PER 8.4x
And that is before adjusting for tax and accelerated depreciation.
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