All true but a p/e multiple of 5.5x is too cheap. Could make the same arguments re. oil if sp was $4.50 or $5, which is where it should be.
Apply a through-the-cycle pe multiple of 10x and sp should be 25%+ higher.
$448 million of the profit was from cheap fuel, page-2
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Last
$6.81 |
Change
0.070(1.04%) |
Mkt cap ! $10.64B | |||
| Open | High | Low | Value | Volume |
| $6.76 | $6.87 | $6.72 | $35.14M | 5.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34070 | $6.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.82 | 115048 | 4 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| QAN (ASX) Chart |