Medibank Prospectus Details, page-8

  1. 4,263 Posts.
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    $2 price cap for reatail applying up to 250k
    p/e16.5-21.3
    yield 4.2-5.4
    70-80% payout implies yield 3.5-4.5
    npat forecast to fall 250.9m -258.2m
    based on yield why bother? you could buy the banks and cop an extra 1 or 2 % more
    p/e above average
    think luke warm reception may see it priced at lower end raising around 4.5b
 
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