Hi Davo,
Assuming those NPAT numbers can be achieved, which would be producing a stellar result and it seems well above current market expectations, a PE of 7 appears to me to be terribly conservative, I would expect (hope) that PE would rise to double digits on the back of rising NPAT and strong guidance, slowly shedding the disappointments of the past and gaining the market's confidence.
Thoughts?
Unc
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