GTP 0.00% 12.0¢ great southern limited

one dollar today, page-8

  1. zwu
    2,452 Posts.
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    Hi Mvanle,

    What I said was that the value or reasonable price at best for GTP was about

    Brokers_predicted_e/s_2008 x 10

    = 6.4c/s x 10

    = 64c/s

    The present price level of 90c+ is way too high. It's NOT sustainable.

    (According to my own calculation, both GTP's FY2008 e/s and operational cash flow would most likely be negative and hence its true value should be well under the above 64c/s.)
 
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