That report and its' predecessors have been around for a while.In fact BLR used the same implied EV'S in its last presentation.
http://hotcopper.com.au/announcementFiles/2012%5CBLR%5C24271bb9-1eb3-4dd8-be4c-b0cc86496377-BLR577796.pdf
Check out page 4&20 to see how MEY compares to the other co's.
If it was that simple we'd all plonk our money in the company with the biggest upside.And wait!
Sorry it ain't that easy.
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