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Ann: Appendix 4C - Quarterly - 31 March 2019, page-13

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    Kev I think you are being optimistic with a 20%-25% discount. I have been monitoring the analyst reports on PAB since 2011. Their target prices in that period have ranged in the $0.12c to $0.16c range. The only time we got anywhere near the targets was back in 2011 when we got to around $0.11c. I acknowledge that the business has changed focus a bit during that period. As an optimistic speculator I am hoping that we exceed all expectations and forecasts in the not too distant future.
 
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