Nice to see the profit upgrade released. 12% up on first half last year is a good outcome. At 48cps, I make forward P/E about 5.3. Even taking into account the 30cps of debt, I think 65-70cps would be a fairer price for CKL.
ASX Market Open: Australian bourse to fall as subdued Wall Street awaits rate cut decision | September 18, 2024