its actually 0.19c which is $0.00192 being NPAT $299,984 divided...

its actually 0.19c which is $0.00192 being NPAT $299,984 divided into weighted average number of shares as at 31/12/15 of 156,126,217 (which has since increased to above 170m of issued shares). So as the basis of a PE ratio its pretty irrelevant. The most relevant is the NTA for the time being, as a floor to the price. Only once the farms do a full year of trading on steady state production and CDC comes on board (fingers crossed) will the PE analysis become of more relevance. Hopefully BP can do some work on the forward estimates around EPS on this basis.