AEF 0.72% $4.19 australian ethical investment limited

Time to top up?, page-16

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    Well let’s define it with a time, say end of 2019. My guess is based on P/E ratios of about 35 to 40. Earnings are highly likely to be 6 cents, so price is likely to be closer to $2.40, however it may edge past that if outlook is good staff recruitment stops and some institutional investors start showing interest.
 
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