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WR1 General Discussion, page-26819

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    lightbulb Created with Sketch. 1531
    Hey mate, PER uses earnings per share or post tax earnings (NPAT), you've used pre-tax (EBITDA). Canada have a corporate tax rate of 38%, so using your PER multiple of 8, it would be more like:

    A$325m x 0.62 = A$201.5m NPAT

    A$201.5 x 8 = A$1.612b

    Still excellent though.
 
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