TBE says <300m per year from three new projects sounds great, but I reckon that's a misunderstanding.>
Who knows but you are probably correct as journalists have a great knack of getting wordage out of context or plain wrong; direct quote from AFR is;
" .... revealing it has three new projects pending formal approval and has tendered for another three. Analysts said the deals could equate to $300 million in additional revenue - if consummated."
So is the $300m about six deals or three? ;-)
Anyway there is scope for EPS to rapidly double from this years expectation of around 18 cents?
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- afr article today (page 48)
afr article today (page 48), page-5
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