I think you could also argue it was slightly undervalued on that result. 11.4c EPS at $1.05 SP is a 9.2 P/E. For a company looking to record 20% NPAT growth that is a very low P/E so you should get a double whammy of P/E expansion plus the effect of profit growth.
Must say it surprised me a little.
Maiden Dividend, page-6
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66.5¢ |
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Mkt cap ! $43.43M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19060 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 751 | 1 |
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