I know it's back of envelope scribbles, but that PE surely wont last. I can't see the PE settling higher than 30 in 2024, but to offset that hopefully the 4.3c EPS grows into 10c or so.
That would bring total EPS up to 35c and at PE 30 would give ~$10 per share which seems more reasonable.
Ann: Appendix 4E Preliminary Financial Report FY20, page-3
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