MGX 3.57% 40.5¢ mount gibson iron limited

According to current forecasts profits for 04/05 yr should be...

  1. 405 Posts.
    According to current forecasts profits for 04/05 yr should be around $12m after tax. At current market cap this makes the P/E around 5?

    Can anyone pls confirm.

    If so why is the market not picking this up?


    Cheers
 
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