I had a quick look and to me section 12 says it all. 5 investment banks at the trough.
- PE 21-25, asx200 much better fishing atm.
- very optimistic margin projections increase from 21.6% 2010 to 29.5% in 2012.
That was enough for me. Too expensive too much to go wrong. High risk of SP doing a Myer post float.
