at 62c and assuming total div stays at 8.2c fully franked for the next 2 years this gives a total grossed up yield of 18.9% p.a and a PE of 10x. I know the sector is unloved and their revenue & margins will probably be crimped further but surely the sp has to move higher?
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News: WPP WPP Aunz says FY Revenues From Cont Ops Down 2.0% To $836.6 Million, page-2
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