latest broker forecasts have estimated aby to earn 37 cents per share in fy 2007-08 which for them ends 31 march 2008. based on previous quartly reports i agree that they are on target. If they meet this then even a p.e ratio of 10 should suggest the sprice should be 3.70. Hence the recent spike as people will awaken to this baby's potential before its year end financial report.
By the way 2008-09 isn't looking to bad either with a forecast of 45 cents per share at current copper price levels.
get on before the herd, page-7
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$1.10 |
Change
0.030(2.80%) |
Mkt cap ! $103.3M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 10800 | $1.09 |
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|---|---|---|
| $1.13 | 7254 | 1 |
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