CCM 1.59% 6.2¢ cadoux limited

If you don't know the difference between a risked or unrisked SP...

  1. 484 Posts.
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    If you don't know the difference between a risked or unrisked SP target you probably should do more study before investing.

    Fosters target is a risked price, meaning what they think it should be worth in the immediate term.

    TCB was quoting the notional P/E multiple from the presentation. Maybe have a read...

    Personally I think a 10x multiple may be conservative given market dynamics and current valuations. Could see it trading at 15-20 in production putting FYI over a $1b valuation.
 
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