That is true but given the negative sentiment I would think 10 to 15 times dividend. NB I know that is a rough calculation but do you see my meaning?
Regarding your other comments, mate, I would love to see this stock rocket Northwards but I cannot see how the new CEO is going to do it. What will he actually do? Given what we know now isn't the greatest value going to be as a spin off and bust up type of scenario?
When you talk of "priced in" what do you mean? Are you saying the results of 5 class actions, possible criminal charges and all the rest of it are already priced in? I just cannot see that.
from Buyonfact., page-71
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