Forecast PE for 2011 FY is 7
Forecast PE for 2012 FY is 4
If the forecasts are met the share price will at least treble and more so if the drilling in successful. The only issue is timing. You may need to wait a number of months.
When it goes off everyone will hop on board and then we can say "I told you so"
And then we will all wish we bought more and some will have sold out and will be cursing the stock and then it will become overbought and we will wish we had sold at the top....
And then the company will be taken over by someone else....
Isn't this always the way?
lack-lustre day, page-20
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13.0¢ |
Change
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Mkt cap ! $37.25M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $14.35K | 109.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13550 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 52678 | 3 |
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