I not with interest Huntleys Paper on WPL put out on 22/10/2008. They have a valuation of $69.40!!!
They note, 'Interesting is the current oil price collapse in US terms to US$74.50, which thanks to currency depreciation is worth A$122.70. Our long term forecast is A$105.
I not also that Arrow has had significant windfalls from the drop in the AUS$$. Half of Arrows Mkt Cap is cold hard cash, thanks to Shell.
huntleys valuation
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