MOY millennium minerals limited

A P/E of 2.85 & a SP of 30c !!!!!!!!

  1. 23,954 Posts.
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    Is Mr Market asleep?
    According to Macquarie, MOY has a P/E of 2.85 and no debt.

    Even a P/E of twice that (5.7) is normal for the industry and with recent drill results a
    P/E of 10 would not be unreasonable.

    Perhaps the value buyers will cop on and we'll see a 3-4 bagger within the next 12 months.

    MM
 
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Currently unlisted public company.

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