Well basically... I mean, as you can see, the true gross 10 year FCF is $184m... without the $306m of bogus franking credit witchcraft... the previous report was circa $130m... which is kind of why, by their own admission the true implied share price started off at 40 cents 9 months back, and is circa 62 cents, as you pointed out... For the life of me, I can't see how anyone, whose done an ounce of DD on this, would not pick this up... I can't say ive ever seen a price target before, whereby 60% or more was due to franking credits...
Obviously one should DYOR... but its very odd to say the least.... Maybe someone knows what the explanation for it is... perhaps they are also in the mining business again haha.
Well basically... I mean, as you can see, the true gross 10 year...
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Last
$1.79 |
Change
0.180(11.2%) |
Mkt cap ! $2.011B | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.82 | $1.63 | $76.45M | 43.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 700 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 29305 | 1 |
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