AGM australian governance & ethical index fund
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ni down again , page-36

  1. Vayama
    9,286 Posts.
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    30/07/07
    07:18
    Post #: 2664738
    Melua

    Why would one buy a share that they think will trade on a PER of 5?

    Why would you be interested in taking such a high risk if you think 60 cents is fair vaue at US$25K tonne, a nice long term metal price?

    The lower the metal price the higher the PER.

    The higher the metal price the lower the PER.
    AGM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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